You have proofs of ownership and ability to transfer debt? Have parties agreed to transfer so we not go through you to get payment if they make goods?
As other poster, I would like to know principal - payments to you for each of debt sell. If settlement or lawsuit comes, that is maximum of value.
Trust No One!
Thank you.
What kind of prove do you need? They should transfer fine as long as the debtor is ok with it.
"Should" and "as long as" are "trust me" words. Message from debtor would be OK.
What you mean by principal - payments to you?
I have received payments before from each deposit takers, but the debt amount listed is what's outstanding at the time they announce ceasing payment or operation.
I am not counting the interest after each deposit taker's announcement to stop paying.
Very simple and I explained above. If worst case, court is involved, total "damages" will be principal minus sum of payments. So if imsaguy correctly states he paid 9%, court will consider that. 1000 - 90 is 910. 910 bitcoins can be recoverable. Plus a little extra of course, but attorney will take 40% for contingency plus retainer.
Asking again, what are actual debts? Not fantasy debts of compound interest at illegal/usury/payday check cash/ponzi rates. Amount lent, amount paid back. What is that for each? That is true ceiling for negotiation.
Real world operates differently from bitcoin forum. Debt has to be converted to dollar for Americans, then payments calculated from that. Court will not award 910 bitcoins to me. Court will award $ value of 910 BTC.
The less information you provide, the more safety assumptions I make about getting paid. Debtor not pay me, just you, then I have to deduct 10% for risk to pay me. If I can't recover part of principal reduced by payments, I have to deduct those payments. If I go to court, I lose at least 40% to attorney. In example above, I make max of 60% of 910, which is 546 bitcoins. See how we go lower as we go to real world?
Be honest. You are selling debt. Some of guys say they will take three years to repay. This is not income generating without big discount.
Trust No One!
Thank you.