Zombie Debt: Debt is Hard to Kill
There's a hot new growth industry: companies that buy ancient bad debts for pennies and squeeze you to pay. Here's how to get them off your back. Zombie Debt
Sleazy New Debt Collector Tactics
It may not be your debt, but it could be your problem. Collection agencies are bullying blameless consumers into paying debts they never owed. Sleazy
Debt Collection Practices: When Hardball Tactics Go Too Far
Dealing with a debt collector can be one of life's most stressful experiences. Harassing calls, threats, and use of obscene language can drive you to the edge. Hardball
An Outcry Rises as Debt Collectors Play Rough
The rise in American consumer debt has been accompanied by a sharp increase in complaints about aggressive and sometimes unscrupulous tactics by debt collection agencies, a phenomenon that has government regulators increasingly concerned. Outcry
Debt Collection Puts on a Suit
As consumer loans hit an all-time high, the industry gets more sophisticated. Suit
Debtors Hell
This Boston Globe Spotlight Team investigation into the world of consumer debt in the United States found a system where debt collectors have a lopsided advantage, debtors are often treated shabbily by collectors and the courts, and consumers can quickly find themselves in a life-upending financial crisis. Debtors Hell
Debt Collectors are Playing Rough--and We're Surprised?
The New York Times ran a front-page story this morning about the sharp rise in complaints against debt collection companies. The sharp tactics include freezing someone’s checking account for a debt she didn’t owe and calling someone at work enough to put her job in jeopardy. Playing Rough
Merchants of Debt
Buffalo collection firms are part of an industry that too often uses threats and lies to collect millions in unpaid bills.
Joel Castle, a debt collection pioneer in Buffalo, says some agencies need to be reined in. "There have been people in the past that have crossed the line, (but) I've never seen it as bad as now." Merchants of Debt
National Arbitration Forum’s Wall of Secrecy Begins to Crumble
While very few of them actually know it, courts would say that tens if not hundreds of millions of Americans have “agreed” that if they ever have a dispute against various powerful corporations, that their dispute will be decided by an organization named The National Arbitration Forum (or “NAF”). Who is the NAF? What is its background? Is it really a neutral organization, or is it likely to favor one side or the other in disputes? Walls Crumble
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