This week, Occupy's Strike Debt! working group will be mailing out over 1,000 letters to individuals, mostly in Kentucky and Ohio, who collectively owe over $1,000,000 in personal medical debt.
A coalition of Occupy groups called StrikeDebt is encouraging people to combat debt by way of popular resistance... up to and including complete default. Occupy hasn't left its "radical" roots, but has evolved as a voice on the subject of banking and finance.
OWS is certainly muscling (buying?) its way in, but with a "business" model that collection agencies and debt buyers would not have entertained in a lifetime.
A U.S. Army veteran claims that a debt collection agency broke the law by garnishing the wages of his wife and insulted him by telling him, "you shoul...
The American justice system must not be sold to the highest bidder -- not to lobbyists, not to politicians, and certainly not to debt collectors. District attorneys can't continue to demean our institutions by renting out their letterhead.
The Fair Debt Collection Practices Act says that if a collection company is trying to get you to settle a debt, they can only call you between 8 a.m. ...
What does it say about us as a nation where patients waiting in an emergency room or lying in (or near) recovery rooms after surgery can be confronted by a special "relative" or friend at their bedside? It's your friendly medical debt collector, holding an invoice.
There's a right way and a wrong way to collect debts. And the wrong way definitely involves pocketing the funds you take in and using them to buy a bo...
"I'm not a religious person," Joe Bonadio told me, "but it is as if Satan said, 'I want to be on earth,' and God asked him, 'What are you going to be?' And he said, 'I'm going to be a bank.' "
Dear Debt Adviser,
I am a victim of identity theft. The person who stole my ID took out a payday loan and used a fake bank account number. I am now b...
Even scam artists are outsourcing. On Tuesday in its first crackdown on fraudulent telemarketing in South Asia, the Federal Trade Commission announced...
The government's efforts to police debt collectors -- an ongoing battle that has drawn in countless ranks of cash-strapped consumers in recent years -...
If there is one thing that most Americans might agree upon it is that the debt collection industry and the work it performs ranks in status somewhere below that of a Wall Street Banker and slightly above that of a U.S. Congressman.
Throughout the financial crisis and deepening recession, debt collectors have been harassing Americans, often under false pretenses, in order to scare...
Debt collectors perform a useful function. They recover scads of bad debt for creditors -- an estimated $40 billion worth in 2007 -- that helps keep l...
The Tompkins County Public Library in Ithaca, N.Y. just can't get a break. Last week the Huffington Post reported that since November, the library has...