• catloaf@lemm.ee
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    1 month ago

    Usually they transfer the ownership of the debt, same way your bank might sell your mortgage to another bank. I doubt they’d let it pass through his account, else he or some other unscrupulous actor might mess with the transfer.

    I also don’t think it counts as income for Giuliani, since he never actually collects on the debt.

    • givesomefucks@lemmy.worldOP
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      1 month ago

      Yeah. I’m not sure

      I tried to search for the answer, but all the results are about tax implications for receiving a settlement.