As reported in the Wall Street Journal, the country's
largest junk debt buyer and parent of Midland Credit Management, Encore Capital Group, had a business plan of not pursuing any credit card lawsuit filed on its behalf that was answered.
Not exact matches
Junk debt buyers can be small businesses to
large, publicly traded Wallstreet companies and the characters involved in this lucrative business are banking on the consumer not knowing their rights.
Junk debt buyers from small one man operations to
large publicly traded Wall Street companies are buying up this old
debt by the billions and are banking on the consumer being ignorant of law and their rights.
The
largest group of
debt collections abuses come from
junk debt buyers.