Templar Posted September 22, 2007 Report Share Posted September 22, 2007 Is it my iimagination these JDB sell and buy these "judgements" like currency within their profession? If so, is this Thief ID? It also seems like they are scamming each other and themselves on false claims as much as the general public. Link to comment Share on other sites More sharing options...
willingtocope Posted September 22, 2007 Report Share Posted September 22, 2007 Well, first off, JDB's don't buy judgements. Judgements are collectable...they have the power of the courts behind them.What they buy are "uncollected" debts. And, yes, there is no honor among theives. If they can't get us poor debtors to cough up money, they'll sell it to someone else to try. Link to comment Share on other sites More sharing options...
Templar Posted September 22, 2007 Author Report Share Posted September 22, 2007 Don't think your comment holds water. These JDB'ers seem to sell their arbitration-turned-default judgment awards immediately to another JDB'er. Could be wrong, but that's the position I'm getting from court sources. If the information is correct, these characters are living in a House of Straw. Link to comment Share on other sites More sharing options...
willingtocope Posted September 22, 2007 Report Share Posted September 22, 2007 Ah, yes, the infamous arbitration awards. Okay, I sit corrected. Since those are not worth the paper they're printed on, it wouldn't surprise me that the arb attorneys want to unload them on unsuspecting "you too can make a killing buying unpaid debts" suckers.I also vaguely remember that one of the big arb attorneys decided to get out of the business...maybe they're selling off "assets".I wish I could remember the web site...there's a JDB kind of eBay around somewhere where they offer each other "packages" of uncollected debts. Talk about opportunities for ID theft... Link to comment Share on other sites More sharing options...
Templar Posted September 24, 2007 Author Report Share Posted September 24, 2007 If you can recall this website for debt sales, please post. Reason: Doing research to help out some fellow brothers and sisters having troubles, along with their kids. Seeing some very strange and freaky actions by JDB’ers and OC’s: Acceleration of Loans, Universal Default, Rewriting of Payment Plans, and Usury. There are the obvious and mundane FRCA and FDCPA violations, in addition.One item I find odd lurking on the Debt collectors forums and blogs is how little is related to arbitration results. I did see one comment which referred to Court litigation to confirm arbitration award as either a “slam dunk”, or very painful and expensive.Awaiting further news from you all and many thanks for any aid you might send. Link to comment Share on other sites More sharing options...
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