answersLogoWhite

0

What should one know before buing a debt?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

Before buying a debt, you should know the risks involved and collection laws regarding collecting the debt. Usually private collection companies buy debt for pennies on the dollar in hopes of making a profit if they manage to collect.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What should one know before buing a debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the lug or back spacing size on a 1998 S10 Blazer?

i need to know te separation of lugs in a chevy blazer s10 98 i am buing rims and i needo to know that please aswer my cuestion


Where can you locate good debt help?

The lead man on debt relief today is Dave Ramsey. He will be able to take your call on the radio and give you specific advice - before you know it you'll be debt free!


What should I know when searching for a debt attorney?

You should inquire about the services they offer. Also helpful is the cost for those services.


Should you file bankruptcy or debt consiladation with a total credit card debt of 27k?

not unless you know you cant pay it then yes do so be for it gets out of control


What should I know before buying a used Toyota?

Before buying a used Toyota, you should know if the car was involved in an accident. You should also know the mileage on the vehicle.


What are the things you need to know before you before you begin to create html documents?

You should know when to open a tag and when to close. You should know the attributes associated with them.


What should I know before deciding to hire someone to clean my air ducts?

You should know their reputation, and how good their service is. You should know if they are qualified for the job before they clean for you.


What should I know before undergoing cosmetic surgery?

You should know all the risk associated with cosmetic surgery before you undergo any.


What should I know before beginning an apartment search?

Before beginning an apartment search you should know what you're looking for in terms of size, price and neighborhood. You should also know your credit score.


What should you know before selling your gold?

You should know the market price of gold for that day.


When in the history of the US was there no national debt?

I'm not sure but I know we didn't have Much before George W Bush came into office


Can you give a vehicle to your daughter before you file bankruptcy?

yes you can but your gonna be more in debt and i know you don't want to deal with that joto