Detailed text transcripts for TV channel - MSNBC - 20120923:13:54:00
It's focusing on debt and launched strike debt and part of what strike debt is doing is rolling out people's bailout where we'll be purchasing debt, defaulted debt, medical debt, cents on the dollar and abolishing it. >> this is an amazing thing you guys are doing. i want people to understand. defaulted debt is auctioned offer and you -- because it's being auctioned off, because people are in arrears, you can buy it at auction at cents on the dollar. your plan is to go to the actual auctions and say, oh, this is $100,000 in medical debt, we're going to buy it for $10,000 and turn around and sa...
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