Junk debt buyers are collections agencies that purchase bad debt. The debt can be anything from an overlooked medical bill to a defaulted credit card. Junk debt is often called zombie debt.
In many cases, there have been previous attempts by other collection agencies to collect the same debt. Junk debt buyers purchase these debts in lots, often for pennies on the dollar, in the hopes of making money collecting them. Junk-debt buyers purchase old, bad debts that the original creditor wrote off as uncollectable, and then hound you for payment years later when your credit score who never paid that bill for the last 10 years, they won’t waste your time. But if you’ve gone on to purchase a home and clean up your act and you’re now enjoying a 680 or more score, you’re their prime target, because you now have something to lose.
Junk-debt buyers are notorious for using any means necessary to collect the debt, even when those methods violate the law. For the most part, they get away with violating the law because few people fight back. In order to protect your rights, you need to fight. This is where I can help. I can evaluate your case for free and advise you as to your defenses and claims.