«Bypurchasing the debt at knockdown prices the group has managed to free
$14,734,569.87 of personal debt, mainly medical debt, spending only $400,000». Occupy
Wall Street activists buy $15m of Americans' personal debt.
“No one shouldhave to go into debt or bankruptcy because they get sick,” said Laura Hanna, an
organiser with the group. Hanna said 62% of all personal bankruptcies have
medical debt as a contributing factor.
Very fewpeople know how cheaply their debts have been bought by collectors. It changes
the psychology of the debtor, knowing this.
«…..whobuys it at a reduced price, then puts the debtor through the wringer once again».
Typically,these third-party debt-chasers pay 10p for every £1 of debt bought and expect
to claw back about 20% of the debt. It's a profitable business, worth around
£800m a year and, largely, the banks only deal with big players who can buy up
some of their toxic debt packages in one go.
The Guardian
http://www.theguardian.com/world/2013/nov/12/occupy-wall-street-activists-15m-personal-debt
ИА "Индекс Дэбт" http://indexdebt.ru
