It’s already done - credit-card debt packages in much the same way. Even CC and other debts discharged through bankruptcy are packaged and sold for fractions of a cent-on-the-dollar, and then firms attempt to collect. It is probably illegal to collect on bankruptcy-debt but that doesn’t stop anybody these days.
The credit-card implosion is probably next on the horizon because a lot of folks are trying to buy a bit more time on their soon to be foreclosed home by transferring mortgage payments to their credit cards.
Well.
That’s reassuring.