I will flesh out this post in the near future, but here is a piece of info that clients always ask me that I never have an exact answer for. The question is: how much do debt collectors pay the original creditor to purchase the right to collect from you. Answer:
Excerpt from 2009 GAO report on debt collection practices
Source (opens PDF)
Coming soon a more thorough consideration of debt collection and settlement. Stay tuned!
Posted by Ron 
