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Can creditors sell a charged off debt? PDF Print E-mail

Yes and they do it all the time.

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

See our article "Truth in Lending -- Mere Sale of Overdue Credit Card Account Doesn't Subject Purchaser to TILA Stand"

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3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 
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