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Posts Tagged "debt collection"

Beware of Debt Settlement Companies!

Why is there still a market for debt settlement companies?  Could it be the “debt settlement” company’s tantalizing promise to cut your debt in half, or better yet, to make it disappear into thin air? Given the state of our economy and the ever increasing rates of unemployment, a debtor’s desire to obtain a quick fix, a fast settlement, and…read more →

More Consumers Suing Over Debt Collection Harassment

by Josh Crank Debtors and their attorneys in California have contributed over the last seven years to a fivefold increase in lawsuits alleging illegal debt collection practices, according to an analysis recently published by the Sacramento Bee. The surge in suits against collection agencies has intensified as the economy struggles to recover, suggesting that collectors are increasingly pushing the envelope…read more →