Legal Question in Credit and Debt Law in Virginia
Does a junk debt buyer ever have a legal right of subrogation to the alleged debt?
Asked on 1/13/17, 1:43 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
No, most unlikely since the lack of a right of such subrogation or
other claim is what might be said to go with the territory, so
to speak, that defines a "junk bond".
Answered on 1/15/17, 1:48 pm