: Primarily sell massive "tapes" or pools of debt (often $1M–$2M minimum bid).
Buying "bad debt" (distressed or non-performing debt) from banks involves purchasing loans that are in default for a fraction of their face value, often as little as cents on the dollar. Investors profit by either collecting more than the purchase price or foreclosing on the underlying collateral. Core Mechanisms of Debt Buying buying bad debt from banks
: More likely to sell smaller pools or even single "one-off" commercial notes to local investors. : Primarily sell massive "tapes" or pools of