Go shopping in the secondary debt market. Occupy Wall Street activists buy $15m of Americans’ personal debt

Occupy Wall Street activists buy $15m of Americans’ personal debt.

So would this argue for one to not pay one’s debts, wait until it gets tossed into a secondary debt market, and then go buy it for…5 cents on the dollar? Hmm, sounds sneaky. Surely something that easy (minus the years of fighting original debt collectors) wouldn’t be possible.

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