In the US, licensing is state-by-state. Even if you don't contact debtors directly (passive owner), many states still require a debt buyer or collection agency license.
You must comply with the Fair Debt Collection Practices Act (FDCPA) and Regulation F , which dictate how and when you can communicate with consumers. how to buy debt for collection
Platforms like Debexpert , DebtX , or Everchain aggregate portfolios from multiple sellers for qualified buyers. In the US, licensing is state-by-state
Lenders bundle thousands of delinquent accounts (credit cards, medical bills, personal loans) into portfolios. In the US