December 4, 2007
The debt collection industry is booming. Unifund, one of the big U.S. debt buyers, files nearly 5,500 lawsuits a year in California. In Minnesota, where pocket filing makes the cost of obtaining a default judgment negligible, I would expect to see similar, if not greater, per capita figures. And, of course, it is not just [...]
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November 28, 2007
Want to know just how many lawsuits are filed by the debt collection industry? Well, in a document I just received, Unifund admitted to filing 14,172 collection lawsuits in California between January 1, 2004 and July 31, 2006! That is over 450 lawsuits per month and nearly 5,500 per year!
Of the total, Unifund obtained almost [...]
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