Founder, Mark Silverthorn


Creditors provide goods, services or credit.  There are two distinct types of creditors, original creditors and debt buyers.

original creditor:  Your original creditor is the firm that provided you with goods, services or credit and seeks to collect monies it claims are now owing by you.

debt buyer:     Unpaid accounts are an asset--and like any asset, an original creditor may sell one or more customer accounts on which monies are owing.  A debt buyer is an entity which purchases an unpaid account.  It is possible for a debt which your original creditor has sold to a debt buyer to be resold one or more times.