One day, with our credit union, on a Nov. day, in 2006, I wrote a series of letters, to my creditors, while being a "responsible"...tax payer, and debtor...mind you, I wasn't late on a SINGLE credit card or mortgage payment...BUT...JUST BECAUSE I WROTE A LETTER....THAT PRESENTED RISK TO MY LONGEST STANDING CREDITOR....THEY DID THE WORST THING IMAGINABLE TO MY CREDIT AND MY HUSBANDS....THEY CANCELLED OUR ACCOUNT...and we were CURRENT!!!

Harassing, browbeating, threatening, outright lying to debtors to try to get them to pay something, anything on the debt and bring it current again so it hounds them on their credit reports.

Lenders never file insurance claims because they are not the beneficiary.... the debtor is.

(I suppose one could try to do a very generous cash for deed in lieu deal with the debtor to get him out of there.)Also, are NPNs available easily on an individual basis based on zip codes, etc. or do you have to buy a portfolio of them?

It's a relic of the industrial age socialism that trains people to be lifetime workers and debtors which is de facto slavery.

Factoring receivables is usually small amounts owed from a wide base of debtors or it's a lrager amount owing from a large credit worthy entity and usually unsecured.

If you want to get real detailed about "not spending capital" you could market to the debtors needing your help with an investment of your time rather than capital.

NYC, for example, has a litmus test as such:If one wins a small claims case, the debtor must be in possession of a bank balance >$1,740.Moving is an option but poor management/enforcement is prevalent in these business relationships.

I would think if someone bought a house subject to the mortgage and took over payments, the original owner doesn't have the money to keep servicing the debt (or doesn't want to).

Our generation is going to do the opposite and our kids are going to be saddled with debt or inflation.For these and other reasons, I morally want to see home prices go down.