How does a debt collector work, if I trasfer a debt for a discounted cash payment, when do I pay them?
Submitted by admin on April 12, 2010 – 3:50 pmNo Replies
A web user asks, Do I pay them straight away or when the debt is covered? What happens to the debt? when and how is it paid?
I have a trade debt, $10K and transfer it to debt collector for $8K cash, do I pay them immediately or after they collect the debt?
Can you help them out? Post your advice!
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