In an effort to make you feel better a little story. When I had my debt collection agency I used to buy credit card debt. This was really great. They sold off the debt for approximately 10% of the debt. They hadn't even contacted the debtors to pay! You could have, had you known, setup a debt collection business, then buy back your debt for 10%! The only problem was that it would be unlikely your debt would be in the debt you bought.