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Can creditors sell a charged off debt?

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Can creditors sell a charged off debt?

Yes and they do it all the time.

Once purchased,the new owner can sell it again. There is no limit.

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Poll #164 - What is your biggest frustration when dealing with creditors or credit.

	Not understanding how it all works.
	How mean or nasty they are when you get behind in a payment.
	Trying to figure out where to come up with needed money.
	Not knowing who to believe when looking for answers
	Dealing with an old debt that seems to keep coming back, again and again.
	Trying to purchase something at a reasonable interest rate.
	Dealing with bankers.
	Trying to get something corrected on my credit report.