F.A.Q.

Q Do you show where to purchase the debt?
A Yes , there are referrences to web sites posting debt forsale also a directory of web sites and A directory of buyers and sellers . 

Q Do I need alot of money to get started?
A No, Southern Co, shows you that you can take $12 purchase an account @.04 cents on the dollar and make approximatley $200, depending on your collector. 

Q Can I do this if I live outside of the United States?
A Yes by all means, you can purchase the debt , turn it over to an agency and sit back while they collect it . 

Q What type of people do you collect from?
A People just like you and me, that have fallen behind on there bills due to some uncontrolled circumstance that want to get back on track. 

Q Have the portfolios already been worked by collection agencies?
A It depends on what you buy , I always buy zero agency this is totally up to you , but even if it has been to an agency its still good , because people want to pay off their debts and re-establish themselves at some point . 

Q Why is the debt so cheap?
A At the end of a fiscal year creditors are faced with the problem of what to do with their non performing accounts , they can waste more time and money and turn them over to a collection agency , or they can write them off as a loss on their taxes , most write off about ninety percent, and turn around and sell the accounts for the rest of its value, pennies on the dollar. 

Q What if some one is deceased , wouldn't that be a waste of money?
A Southern Co. teaches you how to make sure you get accounts that have been cleansed of deseased. 

Q Why would some one want to pay off their back debts?
A If a person wants to borrrow money in the future or buy a house then the creditor, nine times out of ten will request that all back debts are paid off.



 Q What if a person has claimed bankruptcy?
A Southern Co. teaches you how to buy accounts that have been cleansed of all bankruptcy and fraud.


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