Even with new regulations, Massachusetts and the rest of the nation still have a long way to go before we see more common sense than common criminals in the ranks of debt collectors and their accomplices.
If you have credit problems and you're facing those annoying calls by collections agents, here's how you can hit a home run to clear those accounts off of your credit report and improve your credit score.
It would be convenient to paint an innocent, it-happens-to-everyone portrait of the debt-collection industry, but the truth looks much less like a portrait and more like a mug shot: The debt-collection business has become a career of choice for criminals.
Many U.S. attorneys general are working with each other and with the federal government to control and eventually eradicate the scourge that is unethical debt collectors, because just one strategy alone seems not to be enough.
It should come as no surprise that if you've fallen behind on your bills, you may be hearing from debt collectors. But there are things they aren't likely to tell you, and knowing these things can make all the difference in resolving your debts.
For every complaint, how many people did not complain because they felt ashamed about their debt, scared about the consequences of complaining, or simply thought that nothing would happen if they reported the abuse?
You'd think that if debt collectors were suing you, they'd want to make a big deal out of it, right? Wrong: Their preferred method of delivery was a plain, first-class letter. Why? Because the mere fact of mailing was considered proper notice.