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Used to be Singpilot...
Join Date: Oct 2006
Location: Sioux Falls, SD is what the reg says on the bus.
Posts: 1,867
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Joe,
The collection agencies buy old, bad debts in huge packages (groups of several hundred at a time) for fractions of a penny on the dollar. If they collect even one, it pays for the package.
It's churn, in attorney-speak. They do not care if it valid, only that it is a database somewhere.
Yours may not even be valid, just on a list of closed escrows, and they are phishing.
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