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Consumer Law

: All Consuming

CP Week Tip of the Day: Debt collectors fall into 2 categories ? legit and bogus

By AGO Blog Moderator

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Collections agencies climbed to the No. 2 spot last year on the Attorney General?s list of consumer complaint categories. ... If the trend continues, collections will take over the top spot in 2008. Collection agencies fall into two general categories ? legit and deceptive. ... If you truly owe the debt, you have legal rights. ... Time-barred debts are those so old they are beyond the point at which a creditor or collection agency may sue ...

Full post as published by All Consuming on March 04, 2008 (boomark / email).

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