How To Buy Debt Portfolios May 2026

Purchasing debt portfolios involves acquiring defaulted, "charged-off" accounts—such as credit cards or medical debt—for a small fraction of their face value. Key steps include identifying a niche, securing state licenses and surety bonds, conducting thorough due diligence on portfolio data, and finalizing the purchase via a Sale and Purchase Agreement. Learn more at Garnet Capital Advisors . Debt Buyers - Minnesota Attorney General's Office