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Debt Settlement Industry

Strange Bedfellows: Occupy Wall Street and the Bill Collector!

Jerry Ashton | Posted 11.14.2012 | Business
Read More: Debt, Debtors, Student Debt, Debt Default, Collection Agencies, Credit Card Debt, Credit Crunch, Debt Collector Harassment, Strike-Debt, Debt Collectors, Debt Settlement Industry, National Debt, Debtors Revolt, Wall Street, Debt Collection, Debt Collection Industry, Ows, Occupy Wall Street, Fdcpa, Debt Settlement, Debt-Purchasing, Rolling Jubilee, Business News
Jerry Ashton

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.

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Are Attorney Backed Debt Settlement Programs Safe?

Kevin Yu | Posted 05.14.2012 | Home
Read More: Debt Settlement Industry, Get Out of Debt, Debt Settlement, Attorney Backed Debt Settlement, Budget, Debt Settlement Strategies, Final-Telemarketing-Sales-Rule, Home News
Kevin Yu

Just because a debt settlement company is "attorney backed" does not mean that an actual attorney will be negotiating their debts.

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Debt Collectors Beware: New Illinois Law Bites

Karen K. Harris | Posted 05.25.2011 | Chicago
Read More: Final Telemarketing Sales Rule, FTC and Debt Relief, Debt Settlement Industry, Debt Settlement Protection Act, Chicago News
Karen K. Harris

A new law forbids debt settlement companies from unfairly charging customers without having done any work.

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New Rule Cracks Down On Debt Settlement Industry

AP | CANDICE CHOI | Posted 05.25.2011 | Business
Read More: Better Business Bureau, Credit Card, Debt Settlement Industry, Debt Settlement, Credit Card Laws, Ftc, Business News

NEW YORK — Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an up...

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