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2. Do I have to pay off credit card debt that’s been sold to a ...

   www.aol.com/finance/pay-off-credit-card-debt...

   When you fail to repay credit card balances you owe, those unpaid debts are eventually sold to third-party debt collection agencies. This means you no longer owe the credit card company for the ...

3. Asset Acceptance - Wikipedia

   en.wikipedia.org/wiki/Asset_Acceptance

   Asset Acceptance Capital Corp. was a publicly traded company. By 2005 the company's profits rose to $51.3 million. [citation needed]By 2009, Asset Acceptance Capital Corp was one of the "four largest publicly traded debt buyers" who purchased $19.6 billion in distressed debt along with Encore Capital Group, Asta Funding Inc., and Portfolio Recovery Associates.

4. Debtor-in-possession financing - Wikipedia

   en.wikipedia.org/wiki/Debtor-in-possession_financing

   The willingness of governments to allow lenders to place debtor-in-possession financing claims ahead of an insolvent company's existing debt varies; US bankruptcy law expressly allows this [8] while French law had long treated the practice as soutien abusif, requiring employees and state interests be paid first even if the end result was liquidation instead of corporate restructuring.

5. Debt buyer (United States) - Wikipedia

   en.wikipedia.org/wiki/Debt_buyer_(United_States)

   A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...

6. A comprehensive guide to debt relief programs - AOL

   www.aol.com/finance/debt-relief-guide-know...

   Debt forgiveness is typically used for non-credit-card debt, like student loans, mortgages, medical debt or even taxes. Pros of debt forgiveness programs All or part of your loan could be wiped out.

7. How to spot debt collection scams: 8 signs to watch out for

   www.aol.com/finance/spot-debt-collection-scams-6...

   Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1.

8. Fair debt collection - Wikipedia

   en.wikipedia.org/wiki/Fair_debt_collection

   U.S. state laws on fair debt collection generally fall into two categories: laws which require persons who are collecting debts from consumers to be licensed, registered or bonded in order to collect from consumers in their states, and laws that protect consumers from specific unfair practices by debt collectors, which may include collection agencies and sometimes original creditors. [2]

9. Debt relief: Pros and cons - AOL

   www.aol.com/finance/debt-relief-pros-cons...

   Some agencies also offer long-term financial health assistance and immediate debt management services, like free training and workshops that can help you improve your relationship with money. Pros ...