A survey of some of the most common debt collection agency abuses and their legal remedies.
The U.S. consumer economy runs on debt. Loans allow consumers to borrow money to buy a house, attend college, or start a small business. In most cases, taking on reasonable debts is simply a fact of modern American life, and can be part of a responsible investment plan for the future. One pays the monthly mortgage on a purchased home that, over the long term, increases in value, or invests in a child’s college education in order to increase her likely job prospects and potential future salary.Read More