But of course, as a business owner, Eulberg spends money too. In 2006, he bought two Dell computers for the office for about $1,700.
The debt was paid shortly thereafter, and he didn’t think about it again for six years.
“All of a sudden, there’s this company called Midland Funding saying they bought debt from Dell,” Eulberg said.
Midland Funding bills itself as “one of the nation’s biggest buyers of unpaid debt.” It’s a so-called junk debt collector — trying to get money owed years ago, or in some cases, debt that has already been paid or disposed of — like Eulberg’s computer debt.