Some of the debt has long been written off and
often uncollectible.
Debt buyers purchase charged - off,
often uncollectible out of statute of limitations debts for pennies on the dollar.
Not exact matches
Often, debt collection companies can't prove a debt to be valid and the debt becomes legally
uncollectible.
Private student loan debt can be disputed through debt validation and
often proven to be «legally
uncollectible».
The debt buying industry continues to grow and
often the debts they are collecting are erroneous and
uncollectible by law.
Vacancy and bad debt losses - An allowance,
often in the 5 % range but varying in specific locales, for vacancies in rental units and
uncollectible rents from tenants.