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Purchase Price of debt

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Aaron

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2632



48565 Magic Points

 
Posted on Tue Nov 30, 2010 11:26 am  

CAs might pay between 1-5% of the face value. Whatever amount they collect in the long run exceeding the price that they pay would mean profit for them. I don't think it would be available to the debtor.
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