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Response to Hell Hath No Fury (Reply #67)

Mon Nov 12, 2012, 01:33 PM

68. They are focusing on UNCOLLECTABLE DEBT. That is sitting in a box at a collection agency marked

uncollectable, while they pay employees to harass people into paying some or all of it. It is irrelevant where it came from, because the end result will help the collection agency, in real dollars. The phone calls will stop, mostly, on that piece of paper, along with future criminal charges that might result from court appearances, etc, now a part of the debt-collectors bag of tricks...

So when the agencies collect from OWS they can then use the money to pay people to harass others.

I think your point is that because it is medical and education that it ends there, but the credit card companies will tell you differently. That will generate business for them.

But the usury laws that used to prevent this are still gone, no discussion about that, and the lax enforcement of consumer protection laws is still with us, and people will still have their lives ruined, and some will die tragic early deaths, before someone can feel good about paying some stinking debt off at pennies on the dollar.

I guess my standards are too high.


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xchrom Nov 2012 OP
Live and Learn Nov 2012 #1
SickOfTheOnePct Nov 2012 #3
djean111 Nov 2012 #6
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Live and Learn Nov 2012 #59
BlueMan Votes Nov 2012 #63
DaveJ Nov 2012 #64
jtuck004 Nov 2012 #66
Hell Hath No Fury Nov 2012 #67
LineLineLineNew Reply They are focusing on UNCOLLECTABLE DEBT. That is sitting in a box at a collection agency marked
jtuck004 Nov 2012 #68
DaveJ Nov 2012 #69
jtuck004 Nov 2012 #71
Blue_Tires Nov 2012 #70
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