No one likes getting calls or letters from debt collectors and in particular from companies that have bought up bad debt – these are called “debt buyers”.

Some folks on the internet think it is illegal for companies, for debt buyers, to buy up bad debt. This simply is not true. I don’t like it but the fact is that companies can buy bad debt.

Now, whether they can or will prove they own the debt is a whole different story! In well over a hundred trials we have not seen debt buyers prove they own the debt.

So understand that just because a company can legally buy debt is not the same thing as the particular debt buyer you are dealing with being able to prove it owns your debt.

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