Legal Question in Business Law in Wisconsin
I am an individual interested in purchasing debt portfolios and then contracting out for collection. Can an individual do this? What are the steps needed to take to proceed? What should I be cautioned about? Thank you.
Asked on 6/28/10, 1:46 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Any attorney will say a review of all facts, documents, etc. is required. What types of debt portfolios would you buy? Some research is also necessary. After that, a personal consultation is appropriate. This is not a simple bulletin board type question. Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 6/29/10, 6:46 am