Tag: debt collectors

“The result is that debt buyers have won ‘billions of dollars in default judgments’ simply by filing suit and betting that consumers will lack the resources to respond.”

Every year, the debt collection firms routinely abuse the law and overload our courts by rotely filing hundreds of thousands of lawsuits against debtors.

Predatory collection agencies are filing bogus lawsuits against hard-hit consumers. This is no minor scam — a third of all adults in the United States are under pursuit by debt collectors.

Millions of Americans have been hit hard and now find themselves swimming in consumer debt. A new scam has 1 in 7 struggling adults in the U.S. under pursuit by debt collectors. These predator corporations are ending any hope of recovery.