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no contract no signed agreement or application this is part 3 of the video series of that accompanies the three weaknesses most debt collectors have report brought to you by your legal accom your advantage if you were being sued by debt collectors as weve said before debt buyers purchase debts in very large quantities they buy them for very small amounts of money and they bring lawsuits in bulk these practices create weaknesses in two of them weve already discussed that they dont bother with the bill of sale or chain of title and that they cant authenticate the records of the supposed debt the third weakness that most debt collectors have is if they do not have initial contracts offers applications or other documents showing the intent of the parties to form a contract or the terms of any such contract in an action to collect a debt the plaintiff look bears the burden of proving the existence of the debt and that the debtor isnt it indebted to the creditor and a certain amount it