Debt buyer definition

Debt buyer means any person or entity that is engaged in

Debt buyer means a person or entity that is engaged in the business of purchasing delinquent or charged-off consumer loans or consumer credit accounts or other delinquent consumer debt for collection purposes, whether it collects the debt itself or hires a third-party for collection or an attorney-at-law for litigation in order to collect such debt.

Debt buyer means a person or entity that is engaged in the business

Examples of Debt buyer in a sentence

• Debt buyer plaintiffs would be required to submit an affidavit from the original creditor establishing the existence of the debt and the defendant’s default, together with affidavits proving all assignments of the debt, i.e., the chain of title.

• Debt buyer plaintiffs often possess little or no information regarding the underlying debt, the account holder, and the account’s payment history, and any information they do have is often inaccurate.

• Debt buyer may be a bank, a financing center or a discounter firm (Mersadi Tabari, 2010).

• Debt buyer plaintiffs often possess little or no information regarding the underlying debt, the account holder, and the account’s payment history, and the information they do have is often inaccurate.

• APPROPRIATE CARE OF LEGITIMATE PAIN PATIENTS  Legitimate pain patients must receive prompt, appropriate treatment to meet their pain needs without discrimination.

More Definitions of Debt buyer

Debt buyer means an entity that purchases from Chase a portfolio consisting primarily of Accounts with Charged-Off Debts through a Debt Sale.

Debt buyer means a person who engages in the business of purchasing delinquent or defaulted debt for collection purposes, whether it collects the debt itself, hires a third party for collection, or hires an attorney for litigation in order to collect the debt. Debt buyers are collection agencies for the purposes of this article 16.

Debt buyer means any person or entity that is engaged in the business of purchasing delinquent or charged off claims for collection purposes, whether it collects the claims itself or hires a third party for collection or an attorney for litigation in order to collect such claims.

Debt buyer means a person or entity that is regularly engaged in the

Debt buyer means a person or entity that is regularly engaged in the business of purchasing charged-off consumer debt for collection purposes, whether it collects the debt itself, hires a third party for collection, or hires an attorney-at-law for collection litigation. “Debt buyer” does not mean a person or entity that acquires a charged-off consumer debt incidental to the purchase of a portfolio predominantly consisting of consumer debt that has not been charged off.

Debt buyer means a person who engages in the

Debt buyer means a person who purchases or otherwise acquires a consumer debt from a creditor or other subsequent owner of the consumer debt, regardless of whether the person collects the consumer debt, hires a third party to collect the consumer debt, or hires an attorney to pursue collection litigation in connection with the consumer debt. The term does not include: