Florida Debtor

Flordia Debtor => The Players => Topic started by: rubyruby27 on August 28, 2006, 09:06:44 AM



Title: What JDB's buy
Post by: rubyruby27 on August 28, 2006, 09:06:44 AM
Here's the link:
http://webpages.charter.net/jmalik3577/605IRS.pdf


Title: What JDB's buy
Post by: CrzyAmeriCan on August 30, 2006, 10:45:57 AM
Not Found
The requested URL /jmalik3577/605IRS.pdf was not found on this server.


Title: What JDB's buy
Post by: rubyruby27 on August 30, 2006, 06:35:17 PM
The link is dead now.  Will try to find it another way and post.


Title: Re: What JDB's buy
Post by: SHRINKINGVIOLET333 on March 25, 2010, 06:45:02 PM
I have heard that these JDB's are not buying as much as they used to.
Is not as lucrative from what I understand.
So I have also heard that the 'Original Creditors' are
keeping the bad debts, and working them more themselves.
Anyone else got any input?


Title: Re: What JDB's buy
Post by: creditstudent38 on March 14, 2012, 04:31:28 PM
http://phx.corporate-ir.net/phoenix.zhtml?c=115920&p=irol-irhome (http://phx.corporate-ir.net/phoenix.zhtml?c=115920&p=irol-irhome)

you can look at Encore (a.k.a. Midland Funding LLC, Midland Credit Mgt..) and what they buy and for how much.
It went down from 9 to 15 cents on face value per dollar, to 5 cents to 9 cents and they mention some slowing down...

i found this whil researching the Sheridan v. Midland funding case (she won) and they still buy (and aggressively litigate) debts purchased for pennies on the dollar..
they are still making a killing on struggling people and it's wrong!

http://phx.corporate-ir.net/phoenix.zhtml?c=115920&p=irol-reports (http://phx.corporate-ir.net/phoenix.zhtml?c=115920&p=irol-reports)
you can see how they buy almost blindly on volume and what they actually paid for these toxic debts that they THEN go after the full amount in court..