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On the National Debt  
Tuesday, May 16, 2006, 02:06 PM - Debt Collection Agency
National Debt
The National Debt -- My Opinion. by Dan Heller. The National Debt. The National Debt is the total amount of money owed by the government; the federal budget deficit is the yearly amount by which spending exceeds revenue. First, let's look at the debt itself. Most people carry some kind of debt.

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Buying bad debts and then trying to collect on them bought the portfolio. "We are finding enormous amount of interest," Vengroff said.

MSN Money - Zombie debt collectors dig up your old mistakes
There's a hot new growth industry: companies that buy bad debts for pennies and squeeze you to pay in flagrant violation of federal law. Here's how to get them off your back. The amount that companies pay for bad debt depends on the type of account and its age whose investment banking firm tracks debt-buying trends.

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