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Charged off debt

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T

Tuan

Guest
Hi folks,
My company is thinking of getting into the business of buying charged off credit card debts from various sources. My question is since my company will be the owner of the debt, will we be allowed to garnish wages if the debtor refuses to pay or is this NOT allowed w/credit card debt? Also, will we have to file judgments first in order for us to be able to garnish wages?

Thanks in advance,

Tuan Pham
Minneapolis, MN
 



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