In recent months, the only real bad news for debt buyers was that local courts across the country temporarily shut down. Debt collection lawsuits provide a key source of revenue for the companies, a way to extract payment from consumers, typically low-income, who don’t offer it up.
But now even that hiccup is over. After a bit of a lull in the spring, Encore and other debt buyers are back at it, filing suits by the thousands every week, according to ProPublica’s analysis of state court filings. - ProPublica
Showing posts with label consumer debt. Show all posts
Showing posts with label consumer debt. Show all posts
Tuesday, October 6, 2020
Debt collectors are more than making up for lost time
With bloated, entitled parasites so dependent on a system of debt servitude, what else could you expect?
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