Terms › Buyer Terms › Buyer NDA

Buyer Confidentiality Agreement (NDA)

Version 2026-10-23.2.

Effective date: October 23, 2026.

Version 2026-10-23.2 (October 23, 2026): Updated the definition of Seller to cover every seller we introduce you to. “Seller” now means the sellers SellChargeOffs introduces Buyer to; references to listings replaced (“anything we share with you”, “information about a debt or judgment”); sections 1 and 2 and the short answer now cover charge-off portfolios or judgments. Version 2026-10-23.1 (October 23, 2026): signed by both parties (signature block added); checkbox signing removed; Buyer and Seller may contact each other directly after an introduction; section 6 limits use of Confidential Information to a written sale agreement with Seller. Version 2026-10-22.1 (October 22, 2026): governing law set to Ohio; operator described as “Jeffery Hartman, known as The Don of Debt”.

Short answer: A buyer signs it with SellChargeOffs before any private details are shared. It keeps details about sellers and their charge-off portfolios or judgments confidential, lets Buyer and Seller contact each other directly once we introduce them, limits contact with account debtors until a sale agreement is signed, and lasts two years.

Parties

This Buyer Confidentiality Agreement (“Agreement”) is between SellChargeOffs.com (“SellChargeOffs”) and the buyer named in the signature block below (“Buyer”). It is one-way: Buyer receives information from SellChargeOffs and from the sellers SellChargeOffs introduces Buyer to (each a “Seller”). Buyer does not share its own confidential information under this Agreement.

1. Why are we signing this?

Buyer wants to evaluate a possible purchase of a court judgment or portfolio introduced through SellChargeOffs (the “Purpose”). This Agreement keeps details about the Seller and its charge-off portfolios or judgments confidential.

2. What counts as confidential information?

Confidential Information means non-public information that SellChargeOffs or a Seller shares with Buyer in connection with the Purpose, in any form, including: the Seller’s identity and contact details; the debtor’s identity and contact details; the case number, court and county; documents, data, amounts and payment history for charge-off portfolios or judgments; pricing and deal terms; and the fact that a Seller is considering a sale.

3. What is not confidential?

Information that Buyer can show (a) is or becomes public through no fault of Buyer; (b) Buyer already knew without a duty of confidentiality; (c) Buyer received from a third party who was allowed to share it; or (d) Buyer developed independently without using Confidential Information. Public court records stay public, but the link between anything we share with you, a Seller and a court record is Confidential Information.

4. How may Buyer use and share the information?

Buyer will use Confidential Information only to evaluate the purchase (the Purpose) and will protect it with at least reasonable care. Buyer may share it only with its employees, advisers and lenders who need to know it for the Purpose and who are bound by written confidentiality obligations at least as protective as this Agreement. Buyer is responsible for anyone it shares with. Buyer may disclose information when required by law, regulation or court order, after giving SellChargeOffs prompt notice where legally allowed.

5. Contact between Buyer and Seller

After we introduce the parties, Buyer and Seller may contact each other directly. Until a sale agreement is signed, Buyer will not contact any account debtor, or any of Seller's customers or employees other than Seller's named contact, about the Confidential Information. After a sale agreement is signed, any contact with a debtor must comply with applicable law.

6. No use outside a sale agreement

Buyer will not use Confidential Information to acquire the portfolio, or any account in it, except under a written sale agreement with Seller, and will not use it for any other purpose. The non-circumvention terms, including their 24-month period and liquidated damages, are in section 4 of the Buyer Terms, which also apply.

7. How long does this last?

This Agreement lasts for two (2) years from the date this Agreement takes effect. Confidentiality obligations for information shared during that period continue for two (2) years after it ends, and longer for any information that the law protects as a trade secret or as consumer personal information.

8. What happens to the information afterward?

On written request from SellChargeOffs or the Seller, or when discussions end, Buyer will promptly return or destroy all Confidential Information and, on request, confirm this in writing. Copies kept in routine backups or as required by law may be kept, and stay subject to this Agreement.

9. Does this create any other rights?

No. All information remains the property of SellChargeOffs or the Seller. No license or other right is granted, and no one is obligated to complete any transaction. Information is provided “as is”, and information about a debt or judgment comes from the Seller.

10. What else applies?

Remedies: unauthorized use or disclosure may cause irreparable harm, so SellChargeOffs (and the Seller, for its information) may seek injunctive relief in addition to other remedies. Sellers: each Seller whose information is shared is an intended third-party beneficiary of sections 2 to 8. Governing law: this Agreement is governed by the same law as our Terms of Use (section 13): the laws of the State of Ohio, without regard to its conflict-of-laws rules. Whole agreement: this Agreement and the Buyer Terms are the entire agreement on this subject; if they differ on confidentiality, the stricter protection applies. Changes must be in writing.

11. How is this signed?

This Agreement takes effect when both parties have signed it, including by electronic signature on a copy exchanged by email, before any Confidential Information is shared.

Signatures

See also the Buyer Terms.

Information only, not legal, tax or accounting advice.