Explainer series
NDA before the tape
No public lot list. Files move under NDA to qualified buyers only.
Buyer pathway
NDA and Data Tape Review for Debt Buyers
How DebtHub handles the mutual NDA, redacted waterfalls, and full data tapes. What qualified buyers inspect before they bid charged-off paper.
Updated October 25, 2026 · portfolios@debtmarket.net · 561-254-6608
DebtHub · Buyer pathway
No tape moves until the mutual NDA is in. HelloSign is the current execution path. After that, you see a redacted waterfall or sample, then the working file if you stay in the process.
What happens after a debt buyer signs the NDA?
The buyer sees a redacted waterfall or sample, then the working file if it stays in the process. No tape moves until the mutual NDA is signed.
What a usable tape contains
- Account identifiers the PSA allows (not SSNs in email).
- Original creditor, charge-off date, last payment date, current balance.
- Placement history and COS / media flags.
- State, open/closed, deceased / BK / PIF flags if the seller has them.
- For auto: VIN, sale proceeds, deficiency math. For medical: itemization notes without PHI in the web form.
How to read it in one pass
Sort by balance tier and state. Check charge-off vintage versus last-pay. Count blank media fields. If more than a thin slice lacks charge-off date or last-pay, the bid should assume extra skip and dispute cost.
Pair this page with how to prepare a data tape (seller-facing) and the field dictionary at charged-off data tape fields.
What we will not send
Full unredacted consumer files to an unqualified inbox. Anything that would turn DebtHub into a consumer lookup. This is a B2B sale process.
| Pass | What you see | What you decide |
|---|---|---|
| NDA | Mutual confidentiality via HelloSign | Whether you will even look |
| Redacted waterfall / sample | Balance tiers, state mix, vintage, media % | Whether the criteria fit |
| Working tape | Account-level fields the PSA allows | Bid, pass, or ask for media samples |
Questions this page answers
Where do I sign the NDA?
Current execution is HelloSign. The desk sends the link after qualification. Do not email a scanned NDA to a generic inbox if you can avoid it.
Will I get Social Security numbers in the first file?
No. Identifiers follow the PSA. Full consumer files are not emailed to an unqualified address.
What if media is listed as “available on request”?
Treat that as a discount until you see a count. Ask for a percent-complete column before you bid.
Paired reading: How buyers bid and close
Paired reading: Seller packaging
Apply as a buyerFull buyer guide
Desk: portfolios@debtmarket.net · 561-254-6608. Institutional only. Not consumer collections.