Its not just the attorneys out there telling you that debt collectors are problems. Of course, I am going to keep telling it to you until they clean up, which I am guessing will happen shortly after they are either banned completely or the end of the earth comes. Hey, they are not all bad. Some are nice people. But, the bad ones dominate. I would be more than happy to have them clean up their act and make me find a practice area. I just don't see that happening.
The Register Citizen has a story about debt collectors and how you can keep them in check. The paper notes an increase in complaints registered with the FTC. "(Debt collection complaints) are extraordinarily common," said Dan Blinn, Connecticut coordinator of the National Association of Consumer Advocates and managing attorney of Consumer Law Group in Rocky Hill. "The (Federal Trade Commission), which logs complaints against collectors, issued a report in the last several months that confirmed what I've been noticing in my practice: a very significant increase in the number of complaints."
The article also talks about common debt collection violations, a topic I have written on before. After you read the article, email me for my free report on the 9 most common debt collection violations.
Surely complaints would rise as the level of national debt rises. The more people in debt, the more complaints will be made.
Furthermore, people generally do complain about debt collectors due to the very nature of what they do, but just because someone feels intimidated or harrased does not mean they actually were intimidated or harrased.
Debt collectors will never be banned. If they were, how would you propose that debts be collected? The general public would borrow money like there is no tommorrow and lenders would have an even harder time of recouping that money.
Posted by: DC | June 04, 2007 at 01:38 AM