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Is it legal for banks to package and sell credit card debts?

This is legal

The bank will regularly package some of the long-term accounts with unrepaid debts (commonly known as: dead debts)

and sell them to the third party at a discount. Third Party Asset Company

It is also often referred to as negative asset acquisition.

When they signed the negative equity acquisition contract. A debt transfer agreement will be signed.

Legally, this is legal.

It is estimated that the money you owe was acquired by another asset company.

Then, you should be careful in the future.

At that time, the people who collect money from you will not be as qualified as bank debt collectors

There is nothing they can't do except what you can't think of. Haha