Topic: [WTS] Bad Debt (Read 3080 times)
Request debt price reduced.
Let me get this straight for myself, if I were to be an investigator, I could buy the claim and go after the scammer for the funds, even up to taking them to court or what ever possible means to receive the fund/goods?
And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
Debt is being sold without much legal precedent. I mean, if the court's willing to accept forum PMs as the basis of an enforceable loan - then yeah, it's possible, but more likely, it will need to be settled individual-to-individual with the lendee. That could involve a range of options, with better options existing if you're physically near the lendee, which is why I think it's important to include location and as much dox'ing as available.And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
legally a verbal contract is just as binding as a written one. It's just harder to prove that it exists.
If you took them to court and got a (default) judgement, how are you going to collect bitcoins. you can't garnish or levy against them. You'd have to come up with a fiat value. You should add something to the terms of the loan that should there be a default the fiat value is the highest price on gox within the terms of the loan price or something.
Let me get this straight for myself, if I were to be an investigator, I could buy the claim and go after the scammer for the funds, even up to taking them to court or what ever possible means to receive the fund/goods?
And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
Debt is being sold without much legal precedent. I mean, if the court's willing to accept forum PMs as the basis of an enforceable loan - then yeah, it's possible, but more likely, it will need to be settled individual-to-individual with the lendee. That could involve a range of options, with better options existing if you're physically near the lendee, which is why I think it's important to include location and as much dox'ing as available.And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
Oic.
Let me get this straight for myself, if I were to be an investigator, I could buy the claim and go after the scammer for the funds, even up to taking them to court or what ever possible means to receive the fund/goods?
And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
Debt is being sold without much legal precedent. I mean, if the court's willing to accept forum PMs as the basis of an enforceable loan - then yeah, it's possible, but more likely, it will need to be settled individual-to-individual with the lendee. That could involve a range of options, with better options existing if you're physically near the lendee, which is why I think it's important to include location and as much dox'ing as available. And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
Let me get this straight for myself, if I were to be an investigator, I could buy the claim and go after the scammer for the funds, even up to taking them to court or what ever possible means to receive the fund/goods?
And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
And if this is correct, I understand how debt is sold now. I have been wondering how dept was being sold.
1. Get loan
2. Disappear
3. Create sock puppet
4. Buy bad debt
? ? ?
PROFIT!
2. Disappear
3. Create sock puppet
4. Buy bad debt
? ? ?
PROFIT!
Price reduced on Request debt.
New bad loan posted. PM with whatever else you may wish to know.
Cheers!
Cheers!
TYVM!
Teek purchased and now controls the ฿1784.38 debt owed by shakaru.
Uh :-) Yay for profits.
All debt has been sold.
Teek purchased and now controls the ฿1784.38 debt owed by shakaru.
Eroxors purchased and now controls both the ฿16.01 owed by SirChiko, and the ฿67.50 owed by DoubleIcaras
Thanks, all.
Teek purchased and now controls the ฿1784.38 debt owed by shakaru.
Eroxors purchased and now controls both the ฿16.01 owed by SirChiko, and the ฿67.50 owed by DoubleIcaras
Thanks, all.
OP updated. Prices reduced and added Shak debt I just purchased for 100BTC (yes, I'm selling it for 2x the price I paid something like 30 minutes prior to this post). Given the debt is "unionized," I can't (without pissing off people I do business with) settle for less on the debt with shak without receiving a reduced payout every time a payment's made to the "SDM dispersal fund." This also prevents me from allowing sale of the debt to Shak for the price I'm asking, though it still an option for DI & SirC.
Cheers!
Cheers!
Kind of a sad thread. Good luck to you Kluge.
P.S.
If you are a debtor mentioned in the OP, know I'll be willing to settle with you for the ask price in the OP. After I sell the debt, the collector will likely seek the full amount due.
(SirChiko, I'm looking at you!)
If you are a debtor mentioned in the OP, know I'll be willing to settle with you for the ask price in the OP. After I sell the debt, the collector will likely seek the full amount due.
(SirChiko, I'm looking at you!)
from lending section, you can see them confirming and accepting the loan terms and receiving the btc
Chiko's was done through PMs, fwiw. Conversation's effectively:SC: I want 15BTC
Me: Alright. What'll you be using it for, "Tor?"
SC: Lol, yeah.
Me: That's fine. Here're the terms...
SC: Sounds good. Repay address?
...
I'll take screenshots if someone buys it, but that's hardly irrefutable. I don't see any options other than trying to convince the defaulter to pay what's owed. From the PMs, he seems fairly reasonable... Seemed a bit nervous, which is now more understandable.
from lending section, you can see them confirming and accepting the loan terms and receiving the btc
I think these types of threads are interesting...but how do we know they really owe you that money?
How would this work? I mean how do they know they now owe me, how do they know I'm not a scammer?
It'll be marked in this thread, which you can point them to, and I'll alert them to it as well. That's about as much authority as I have to collect the debt.If one of the debtors were to suddenly pay me back, I'd transfer all funds collected to the current debt-holder.
How would this work? I mean how do they know they now owe me, how do they know I'm not a scammer?
sigh...brings back great memories...at one point in my life I used to collect debt...from deadbeats...eventually...for some reason I started to feel guilty more and more until your collection methods were not as effective as they used to be.
Currently Available:
*NEW!*Request
Principal - ฿100
Amount Due - ฿110
Due Date - 6/6/12
Ask Price: ฿3
Location: Helsinki, Finland
Notes: Has not been active on forum since May 31st. Has not replied to PMs or email. The loan is classified as a business-oriented loan. Loan is not secured. Debt comes with fairly extensive dox'ing and all correspondence. A phone number has been collected, but I am not sure if it's necessarily his, and have not tried calling it. The websites he was intending to continue development on using the loan have been taken down, and he doesn't appear to be active anywhere online.
*SOLD!*SirChiko
Principal - ฿15
Amount Due - ฿16.81
Due Date - 3/5/12
Ask Price: ฿.50
Location: Unknown
Notes: Still active on forum. Has not replied to contact. I have no information on this individual. The loan is classified as a consumer loan. Loan is not secured.
*SOLD!*DoubleIcaras
Principal - ฿59.2
Amount Due - ฿67.5
Due Date - 3/6/12
Ask Price: ฿2
Location: Bedfordshire, UK
Notes: Is no longer active on this forum. Member is assumed a scammer. Has not replied to contact requests. I have extensive information on this individual (not his address, however, though I have his dad's) which will be turned over upon purchase of this loan. IP information corresponds with his assumed location. Loan is not secured. Multiple other lenders are also involved in collection efforts. Comes with a pre-written notification of non-payment I'm not comfortable sending because I'm not sure of DI's nor his father's identity. His father has not responded to contact requests.
*SOLD!*Shakaru
Principal - ฿2630
Amount Due (settlement amount - payments made on it) - 1784.38BTC
Due Date - Before Feb. 2012
Ask Price: 200BTC
Notes: Not going to offer explanation. I think everyone on the forum who might be interested knows what's going on.
Upon sale of bad debt, I am not responsible for what you do with the claim. You'll receive no formal paperwork. I am not responsible if you collect nothing. I am not responsible if you are sued for harassment. I am not responsible for inaccurate information.
This thread will be updated if loans are defaulted on in the future.
*NEW!*Request
Principal - ฿100
Amount Due - ฿110
Due Date - 6/6/12
Ask Price: ฿3
Location: Helsinki, Finland
Notes: Has not been active on forum since May 31st. Has not replied to PMs or email. The loan is classified as a business-oriented loan. Loan is not secured. Debt comes with fairly extensive dox'ing and all correspondence. A phone number has been collected, but I am not sure if it's necessarily his, and have not tried calling it. The websites he was intending to continue development on using the loan have been taken down, and he doesn't appear to be active anywhere online.
*SOLD!*
Principal - ฿15
Amount Due - ฿16.81
Due Date - 3/5/12
Ask Price: ฿.50
Location: Unknown
Notes: Still active on forum. Has not replied to contact. I have no information on this individual. The loan is classified as a consumer loan. Loan is not secured.
*SOLD!*
Principal - ฿59.2
Amount Due - ฿67.5
Due Date - 3/6/12
Ask Price: ฿2
Location: Bedfordshire, UK
Notes: Is no longer active on this forum. Member is assumed a scammer. Has not replied to contact requests. I have extensive information on this individual (not his address, however, though I have his dad's) which will be turned over upon purchase of this loan. IP information corresponds with his assumed location. Loan is not secured. Multiple other lenders are also involved in collection efforts. Comes with a pre-written notification of non-payment I'm not comfortable sending because I'm not sure of DI's nor his father's identity. His father has not responded to contact requests.
*SOLD!*
Principal - ฿2630
Amount Due (settlement amount - payments made on it) - 1784.38BTC
Due Date - Before Feb. 2012
Ask Price: 200BTC
Notes: Not going to offer explanation. I think everyone on the forum who might be interested knows what's going on.
Upon sale of bad debt, I am not responsible for what you do with the claim. You'll receive no formal paperwork. I am not responsible if you collect nothing. I am not responsible if you are sued for harassment. I am not responsible for inaccurate information.
This thread will be updated if loans are defaulted on in the future.
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