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Bankruptcy

: The Debt Podcast

Bankruptcy judge strikes back against zombie debt

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The sale of debt discharged in bankruptcy to a collector  violates  the bankruptcy discharge. The decision in Laboy v. FirstBank Puerto Rico held the seller liable for attempts by its unrelated buyer some 15 years after the bankruptcy to collect a  discharged account. What happened to Mr. Laboy is all too familiar:  some 16 years after he [...]

Full post as published by The Debt Podcast on April 04, 2010 (boomark / email).

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