Gabriel Mizrahi
👤 PersonAppearances Over Time
Podcast Appearances
Now, about the idea to go with a debt collector, debt collectors usually buy a lot of accounts receivables from companies, usually for pennies on the dollar. And then they basically hound the people who owe to see what they can get. The debts are usually pretty old. They're harder to collect. Erin said that some law firms do debt collection work.
Now, about the idea to go with a debt collector, debt collectors usually buy a lot of accounts receivables from companies, usually for pennies on the dollar. And then they basically hound the people who owe to see what they can get. The debts are usually pretty old. They're harder to collect. Erin said that some law firms do debt collection work.
Now, about the idea to go with a debt collector, debt collectors usually buy a lot of accounts receivables from companies, usually for pennies on the dollar. And then they basically hound the people who owe to see what they can get. The debts are usually pretty old. They're harder to collect. Erin said that some law firms do debt collection work.
So you could see if there's somebody who might be willing to put in some effort to get a response. But she's not sure whether a debt collector would be willing to purchase this particular obligation, given that it's just one from an individual. And there's probably not much more than that.
So you could see if there's somebody who might be willing to put in some effort to get a response. But she's not sure whether a debt collector would be willing to purchase this particular obligation, given that it's just one from an individual. And there's probably not much more than that.
So you could see if there's somebody who might be willing to put in some effort to get a response. But she's not sure whether a debt collector would be willing to purchase this particular obligation, given that it's just one from an individual. And there's probably not much more than that.
I'm picturing a lot of red tracksuits.
I'm picturing a lot of red tracksuits.
I'm picturing a lot of red tracksuits.
So Erin was pretty direct with you. She said that unfortunately, there just aren't a whole lot of good options here. She said if you were a friend of hers and you could afford it, which it does seem like you can, she would probably encourage you to just let this investment go.
So Erin was pretty direct with you. She said that unfortunately, there just aren't a whole lot of good options here. She said if you were a friend of hers and you could afford it, which it does seem like you can, she would probably encourage you to just let this investment go.
So Erin was pretty direct with you. She said that unfortunately, there just aren't a whole lot of good options here. She said if you were a friend of hers and you could afford it, which it does seem like you can, she would probably encourage you to just let this investment go.
Sadly, it would probably cost more to shut this company down and protect any future investors than to try to recover your piece of the money. But I would definitely look into filing those complaints and try to get as many other people who have also been bilked out of their money to do the same. You might not recover your funds, but you can still try to hold this company accountable.
Sadly, it would probably cost more to shut this company down and protect any future investors than to try to recover your piece of the money. But I would definitely look into filing those complaints and try to get as many other people who have also been bilked out of their money to do the same. You might not recover your funds, but you can still try to hold this company accountable.
Sadly, it would probably cost more to shut this company down and protect any future investors than to try to recover your piece of the money. But I would definitely look into filing those complaints and try to get as many other people who have also been bilked out of their money to do the same. You might not recover your funds, but you can still try to hold this company accountable.
You know, I'm just realizing that there's an interesting theme on today's episode. The guy we just heard from who hired that shady vendor and is struggling to go to work is feeling really wounded by that mistake. And I think our friend here is also feeling wounded. Like he said, he's so proud of himself. He considers himself a savvy investor. And then he goes through something like this.
You know, I'm just realizing that there's an interesting theme on today's episode. The guy we just heard from who hired that shady vendor and is struggling to go to work is feeling really wounded by that mistake. And I think our friend here is also feeling wounded. Like he said, he's so proud of himself. He considers himself a savvy investor. And then he goes through something like this.
You know, I'm just realizing that there's an interesting theme on today's episode. The guy we just heard from who hired that shady vendor and is struggling to go to work is feeling really wounded by that mistake. And I think our friend here is also feeling wounded. Like he said, he's so proud of himself. He considers himself a savvy investor. And then he goes through something like this.
And I think it's in addition to the pain of losing the money, there's that sting of, am I really as smart as I thought I was? Am I really as good of an investor as I thought I was? And I think the same advice applies here, that the best thing you can do is when you take the L, try to learn from it and just apply that to everything else you do from now on. What else are you going to do?
And I think it's in addition to the pain of losing the money, there's that sting of, am I really as smart as I thought I was? Am I really as good of an investor as I thought I was? And I think the same advice applies here, that the best thing you can do is when you take the L, try to learn from it and just apply that to everything else you do from now on. What else are you going to do?