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What is a Junk Debt Buyer?

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In this video, attorney John Skiba answers the question, "what is a junk debt buyer?" and delves into how credit companies sell defaulted accounts to junk debt buyers like Encore Capital, LVNV Funding, Midland Funding, and Portfolio Recovery Associates for a fraction of their value.

Junk debt buyers then initiate mass lawsuits, frequently leading to default judgments and serious consequences for consumers like wage garnishment and property liens. If you're dealing with debt collectors, learn more about the strategies and consequences of junk debt buyers in this mustwatch video.

Full interview with John    • Settle Your Debt Collection Lawsuit |...  

ABOUT: John Skiba has 21 years of experience in consumer bankruptcy and debt defense. He runs the @Consumer_Warrior YouTube channel and owns Arizona Consumer Law Group, PLLC: https://skibalaw.com/

posted by oojolinooog