As a North Carolina debt relief services provider, Brent Adams & Associates handles several types of bankruptcy cases. Bankruptcy applicants usually ask, What is a debt buyer? A debt buyer is in the business of acquiring debts from credit card companies, department stores, and other sources. Debt buyers purchase defaulted credit balances by paying mere cents on the dollar. Once the debt buyer takes over the balance, what can debtors (bankruptcy applicants) do to protect themselves? Raleigh bankruptcy attorney Brent Adams explains more in this video, and you can schedule a free consultation to learn more about discharging your debts.