Post regarding loans.

Hi,
Got a couple of defaulted loans I need help with.

Quote from: FrilledShark on May 24, 2017, 12:57:00 PM

Hi,
I am in search of a debt collector.

Payment will be between 0.05 BTC to 0.2 BTC.

You will be given all details I can get about an online personality and you will get payment if you get the debt back.

Debt may be between 5 BTC to 0.1 BTC.

Edit: Rank or anything else does not matter. Only that you are able to get back the debt.
You are not allowed to tell me your methods.

I will be in need of you in the future.

wow , this is some serious shit , i saw IRL debt collector and they're some kind of big guy lol ... can i ask for details ? tbh im interested hehe ...as you say '' rank wont matter '' ..looking forward for your replies

I am interested unto this im active everyday and can you send me more info about this?

Quote from: arwin100 on May 24, 2017, 01:55:54 PM

I am interested unto this im active everyday and can you send me more info about this?

Intereeted

you send me more info about this

Does this include breaking legs or any kind of torture?
Honestly if the debts are from borrowers here, i think it will be kind of hard to collect them because i do not think there is really any law about bitcoin loans.

Quote from: FrilledShark on May 24, 2017, 03:39:10 PM

Quote from: onnz423 on May 24, 2017, 02:08:42 PM

If you ever explain your methods to me, you will be unable to assist me.

Edit:
All has been sent a message.

If you are still interested, I will give you one of the 3 I need to collect debt from. I might know the location of some, which means it would help if you could send me a "Working area".
Edit:
I might have missed one of you.

If you got some in finland, i may be able to assist you with the collecting. Let me know if you have, or in future will have.

I have worked in a collections agency before and it's a hard job that pays well.
so,
If there is someone from the Philippines, i'd like some information.

I am not a career of bad news and i will also not like to discourage you, the job of a tax collector is more expensive than what you are trying to offer especially when the argument turns out to be a lawsuit or involve a lawyer.

I will think of a better way you can get your funds back without a physical approach since you said they are based in Europe, send me details but only the name and address for now.

I really don't get why if someone explains their method of sent collection to you they won't be able to work with you. Are you afraid that people are going to use illegal methods etc to be able to collect info on the person in question?

Potentially interested, do you have debt that is outstanding right now or only preparing for the future?

I think the best way to go about this would be to post the details of the debtor in public. I have no idea if doxing is allowed in cases like this, offer a reward and see what happens. This is not a job for one person, if you are lucky you will find someone to help you.

how you can work ?
sample iam open lending service in btcjam or lending section in bitcointalk, and my client not paid, how you can work
you have experience client can back again bitcoin

To be honest in my country people who collect debt actually ask for a lot more than that.
I'm curious isn't lenders here always ask for collateral before lending out their funds?

I have a feeling it's not going to be easy as it seems to because for OP to have required the services of a debt collector, it would mean its something he cannot recover which will even makes it more difficult because the loan will be online and the defaulter might be on the other side of the world, deactivated his account, then you are left to tracing the person to get the loan in which the cost that will be involved might actually be worth more than the intended recovered amount.

Quote from: cyyap95 on June 02, 2017, 04:17:42 PM

To be honest in my country people who collect debt actually ask for a lot more than that.
I'm curious isn't lenders here always ask for collateral before lending out their funds?

That's true

I believe he'll have to give at least half the amount to the collector

What's going to stop the collector from taking the money for himself? Who's going to collect from him?
He needs to be really happy with the offer in order for this to work

Does people who have debts from you got a possibilities to pay off? If no then how could your debt collector sue those borrower if at the first place they doesn't have any plan to pay on you? I think the deb't collector is doing an impossible mission not unless if they are showing some little indicator that they might gonna pay you off but remember if they already run off well might better if you seek those guys who near from them and pay them to work with you on this thing.

I wonder how could this will really work, many possibilties can happen and looking for answers from what if's?
I'm still interested for this job, just let me know the complete details. Thank you.

Quote from: FrilledShark on May 24, 2017, 12:57:00 PM

Edit: Rank or anything else does not matter. Only that you are able to get back the debt.
You are not allowed to tell me your methods.

This is not a good idea on your part.

Some of the people who default on loans from you are going to be scammers, however some of them will have legitimately fallen on hard times, and had intended on paying you back when they took out the loan, but cannot do so. If your collectors go around breaking people's legs when they default on your loans, then others may be afraid to borrow from you, which would hurt your business.

Also, I am not an attorney, and this may vary depending on the jurisdiction, your debt collectors may be considered to be your agent, which may make your civilly and/or criminally liable for their actions. This is especially true if you do not have procedures in place to prevent laws from being broken.

We have debit collectors for physical institutions but I am not seeing how it will be working for anonymous lending systems like we have here in this forum (I assumed it as the loan amounts are mention in terms of bitcoins and I have not heard any real time lending businesses dealing in bitcoins).

Those bitjam kind of services offered loans after verifying identity documents ? Sorry I never tried them.