You know, your $100,000 debt could be sold for $10,000!

Don't freak out if you get a subpoena! If you know the 'real cost' of the capitalist buying the debt, sue you.

Your $100,000 debt...It could be resold for $10,000! This is the reality of the "buy debt to sue" industry that you need to know before you escape court.

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When we owed a credit card, a loan, and then we ran out for a long time, one day there was a "subpoena" on the front of the house, but when we read the plaintiff's name,..Well, isn't the bank we borrowed?

It's an asset management company (ABC). Anything I don't know. The name is unfamiliar. Many people are crazy. Afraid of being taken home, confiscated cars, afraid that they can't eat, can't sleep.

The fact that people owe more than 80% never know...

Your bad debts have already been "sold off" by the bank. The bank doesn't want to sit by itself to waste time paying the lawyer.

So they tied up these piles of bad debts and sold them to the debt company, and guess what price they bid on your debt?

Most buy at 10-20% of the actual debt balance!

It means...He probably only bid 10,000 to 20,000.

But when he sues you,..He sued for a full 100,000 baht + great interest! What does this mean?

It means "you have more bargaining power than you think."

If you get a subpoena, what is forbidden is "fleeing the court," many people think that there is no money...That was clearly financial suicide.

Because if you don't go, the court will immediately sentence you to a full case and force your dispossession.

But if you fight and walk to court,..

You can ask for mediation, debt reduction, haircut, believe that a hundred thousand debts, talk to, maybe close at 3-40 thousand baht comfortably (plus installment).

Why?

Well, because his cost is only ten thousand! It has returned 40 thousand. He has a profit. It is a debt. It must be used. This is the truth.

But we need to pay our debts wisely and know the business game.

Conscious. Get up and face you. Go to court every appointment.

Then you know...

There is always a solution for people who do not escape trouble.

Know this, share it, keep it, or send it to someone close to you who is stressed about the subpoena, read it urgently. Wisdom is born! What do you think about this business? Comments can talk. 👇

# Debt discharge # Lemon 8 invites # Being sued # Buy debt to sue # Financial knowledge# Credit card debt # Haircut debt # Asset management # Life ideas # Financial planning