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Randalor posted:Is there anything stopping someone from buying their debt for the pennies-on-the-dollar amount when it gets sold off, or do the people/companies owed money normally contact a debt collector service first and then it's sold to said service? I remember growing up my dad bought a big package of pennies on the dollar debt, thinking it was easy money. Turns out it is pretty easy to tell a debt collector to gently caress off and your only recourse is to take them to court. So not really worth it unless you have the time or resources to pay someone harass the debtors into compliance by calling five times a day.
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# ? Dec 21, 2022 19:13 |
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# ? Jun 10, 2024 09:25 |
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Sorry, I meant is there anything stopping someone from buying their own debt for pennies on the dollar when it goes for sale to collection agencies?
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# ? Dec 21, 2022 19:16 |
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At that point you talk directly to the agency and make an offer to settle directly, or more likely get an attorney to handle it so it's properly discharged.
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# ? Dec 21, 2022 19:20 |
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Randalor posted:Sorry, I meant is there anything stopping someone from buying their own debt for pennies on the dollar when it goes for sale to collection agencies? You need a license to buy the debt. I don't know if there are any rules regarding buying your own debt as a debt collector, but thay would be commical.
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# ? Dec 21, 2022 19:24 |
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kw0134 posted:At that point you talk directly to the agency and make an offer to settle directly, or more likely get an attorney to handle it so it's properly discharged. How do you get an attorney to handle it if your broke?
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# ? Dec 21, 2022 21:38 |
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Depending on where you live, you may qualify for Legal Aid.
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# ? Dec 21, 2022 21:41 |
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Where do you go for legal aid? Asking for a friend/when I eventually gently caress up and need it.
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# ? Dec 21, 2022 22:20 |
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The local Bar association itself may give legal aid and lawyer referrals. Individual lawyers might have policies as well.
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# ? Dec 21, 2022 22:29 |
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Randalor posted:Sorry, I meant is there anything stopping someone from buying their own debt for pennies on the dollar when it goes for sale to collection agencies? It should be the law that people should have first purchase rights whenever their debt is sold but lol as if that'll ever happen
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# ? Dec 21, 2022 23:03 |
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Improbable Lobster posted:It should be the law that people should have first purchase rights whenever their debt is sold but lol as if that'll ever happen
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# ? Dec 21, 2022 23:42 |
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Kung Food posted:I remember growing up my dad bought a big package of pennies on the dollar debt, thinking it was easy money. Turns out it is pretty easy to tell a debt collector to gently caress off and your only recourse is to take them to court. So not really worth it unless you have the time or resources to pay someone harass the debtors into compliance by calling five times a day.
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# ? Dec 21, 2022 23:51 |
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Someone on this very website taught me that you should never, under any circumstances gently caress with Debt.
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# ? Dec 22, 2022 05:48 |
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Lol it’s amazing that the Most Sued Man still wants to be a millionaire I hope he fucks around enough to land his dumbass in jail
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# ? Dec 22, 2022 14:48 |
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WithoutTheFezOn posted:If you had funds to buy your own debt …
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# ? Dec 22, 2022 15:00 |
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Frank Frank posted:Someone on this very website taught me that you should never, under any circumstances gently caress with Debt. An all time meltdown.
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# ? Dec 23, 2022 00:00 |
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Did that guy suck a goat off yet
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# ? Dec 27, 2022 15:55 |
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Comfy Fleece Sweater posted:Also, “you can’t wake up someone pretending to be asleep” Sure you can, the sternal rub does the trick every time.
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# ? Dec 29, 2022 15:31 |
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Sure you can. That's why they gave me the new deluxe ezio DeWalt edition. For when someone really pisses you off, insert a needle into their leg the size of a nail and flush it to ensure the person is truly (dead).
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# ? Dec 29, 2022 18:48 |
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Azuth0667 posted:Sure you can, the sternal rub does the trick every time. I like holding their hand above their face and dropping it. If they punch themselves in the face it turns out they were actually asleep.
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# ? Dec 29, 2022 19:39 |
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WithoutTheFezOn posted:If you had funds to buy your own debt … Debt collectors buy debt for pennies on the dollar. Lets say you had a huge student loan and you don't have the funds to pay it off. It gets sold to another loan company for half of its total value. Maybe you could afford that, maybe you couldn't, but you should be able to buy it at that price before anyone else. kw0134 posted:Presumably you'd be "buying" or rather settling the debt for the amount they're willing to write off for, which is often pennies on the dollar as was the case when Toledo, OH purchased $220 million in nominal medical debt for about $1.6m (with the aid of the county commissioners). But laws aren't written for the benefit of the debtors. Yeah exactly
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# ? Dec 29, 2022 20:36 |
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Alex Jones' attorney has law license suspended after Sandy Hook misconduct https://www.rawstory.com/norm-pattissandy-hook/ quote:According to a report from NBC Connecticut, one of the attorneys for Infowars founder Alex Jones has his law license suspended for six months for what a judge called a lack of "fundamental fairness and decency," while defending his controversial client.
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# ? Jan 6, 2023 16:53 |
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HAHA! gently caress you, Norm.
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# ? Jan 6, 2023 17:36 |
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I'm so glad we let lawyers decide what punishments lawyers should receive.
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# ? Jan 6, 2023 17:42 |
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Guess he will have to fall back on his stand up career to survive.
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# ? Jan 6, 2023 17:44 |
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Kung Food posted:Guess he will have to fall back on his stand up career to survive. I wonder if his woke insurance covers this.
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# ? Jan 6, 2023 18:02 |
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Scarodactyl posted:I'm so glad we let lawyers decide what punishments lawyers should receive. Opening Arguments did an episode about this and said that at least it's good that the state bars are finally doing something about piece of poo poo lawyers like Pattis and Giuliani. Also thanks to Knowledge Fight I'm listening to Opening Arguments.
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# ? Jan 6, 2023 18:31 |
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Pattis sounds like a disgusting Latvian food product made of whipped animal bits.
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# ? Jan 6, 2023 18:34 |
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Vincent Van Goatse posted:Pattis sounds like a disgusting Latvian food product made of whipped animal bits. It’s a pâte made from beets, capers and the main source of meat in Latvian cooking : bog wolves.
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# ? Jan 6, 2023 19:16 |
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https://twitter.com/PattisNorm/status/1611324987092221953?s=20&t=Rd5_glWDW-geMBE77prY6Q
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# ? Jan 6, 2023 19:43 |
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mojo1701a posted:https://twitter.com/PattisNorm/status/1611324987092221953?s=20&t=Rd5_glWDW-geMBE77prY6Q fuckin LMAO https://twitter.com/Beach19thSt/status/1611359528972587008
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# ? Jan 6, 2023 19:46 |
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Haven't been following this, did Norm get disbarred?
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# ? Jan 6, 2023 21:22 |
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ryde posted:Haven't been following this, did Norm get disbarred? Just suspended. I'm sure he has like 2183 more suspensions before he can get disbarred.
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# ? Jan 6, 2023 21:29 |
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The suspension is still kind of a big deal. Yes he can practice law again in the future but any clients he was representing in other cases, or he was just doing standard low-key attorney stuff for, cannot use him. He basically has to send them all a notice saying "It's illegal for me to work now and you have to find a new lawyer." It's an immediate stop to his income and will have to shutter his doors for half a year. Even if he doesn't quit the law profession he's going to have to rebuild clients from scratch unless there's some serious personal loyalty (which let's be honest, can you see any client being loyal to Norm?), all with a massive asterisk next to his business that will drive at least some clients away.
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# ? Jan 6, 2023 22:14 |
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Alkydere posted:The suspension is still kind of a big deal. Yes he can practice law again in the future but any clients he was representing in other cases, or he was just doing standard low-key attorney stuff for, cannot use him. He basically has to send them all a notice saying "It's illegal for me to work now and you have to find a new lawyer." It's an immediate stop to his income and will have to shutter his doors for half a year. Opening Arguments went through what this meant, and from what I remember, he has to specifically mention it to any clients he picks up after or firms he works with. And if he decides to move to another state to practice law, that state's bar association can straight-up deny his application to practice law in their state for that reason.
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# ? Jan 6, 2023 22:53 |
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Morter posted:Alex Jones' attorney has law license suspended after Sandy Hook misconduct
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# ? Jan 6, 2023 22:55 |
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In FL they give lawyers whose tickets have been punched 30 days or so to help clients transition to new attorneys and get continuances as needed. Once they've got everything squared away, they notify the bar and their suspension begins.
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# ? Jan 6, 2023 23:00 |
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Lol like that dude is going to do his due diligence.
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# ? Jan 7, 2023 00:09 |
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Alkydere posted:The suspension is still kind of a big deal. Yes he can practice law again in the future but any clients he was representing in other cases, or he was just doing standard low-key attorney stuff for, cannot use him. He basically has to send them all a notice saying "It's illegal for me to work now and you have to find a new lawyer." It's an immediate stop to his income and will have to shutter his doors for half a year. He actually had to tell the judge in a proud boy insurrection case that he was suspended today. Lol
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# ? Jan 7, 2023 00:14 |
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https://twitter.com/SebastianMurdoc/status/1613538105377669121?s=20&t=iQGsTLA8mBS0bVEto7K9Ew
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# ? Jan 12, 2023 21:27 |
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# ? Jun 10, 2024 09:25 |
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The texts were provided by Mark Bankston after he got the full copy of Alex's phone lol
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# ? Jan 12, 2023 21:35 |