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Stop the practice of buying and selling debt

Created by J.C. on January 05, 2013

The practice of selling and buying debt from loan companies and credit card companies has to stop. This practice has opened the door to real criminals who attempt to and have taken advantage of hard working Americans who have been scammed, threatened and hounded by bottom feeder debt collection companies and frauds. A Debt should have a shorter collection limit time and if not collected by that time then the debt shall be barred as normal practice but the company that holds that debt shall be granted the ability to write that lost debt off as always but not allowed to sell the debt to another company or person.

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