Hey all...  Kind of curious.. What would be the point in investing / buying notes from defaulted loans.
I see them available on the site.  I just don't see a point in attempting to recover or invest in them really... 

Is BTCJam taking the lead on recovering defaulted loans, and if so what sort of compensation is granted to those who held the note funding that loan initially, or through purchase?

Someone going to create a BTC collection agency ?

I'd have no problem investing in some of these if there was some means of attempted recovery, especially since some lenders are scrambling to recover any of their lost funds and selling them on the cheap.