That is oversimplistic I suspect. If the contractual obligation is passed on to a third party (in much the same way as debts are passed between lending institutions) then it becomes an asset for that third party - regardless of what they legally have to do to recover it. It is not the same as the mobile phone bill you used as an example. I get the point you are making that the amount of the contractual breach is a bad debt but it is not treated the same way.
That is oversimplistic I suspect. If the contractual obligation...
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