Posts Tagged ‘zombie debt’

More on the fake debt collection scam


Pete Barry was on the Morning Show with Mike and Juliet this morning. His advice on making sure you are not dealing with a rogue debt collector: make sure you get an address and phone number, at least.
But in the end, it can be hard to know whether the collector on the phone is legitimate. [...]

Return of the Living Debt: How Lenders Enable Predatory “Zombie Debt” Collectors


Return of the Living Debt: How Lenders Enable Predatory “Zombie Debt” Collectors | The Mortgage Whistleblower

Roundup


More news than I can keep up with lately. Here are a few choice tidbits:

‘Zombie debt’: When collectors haunt you (Newsday)
Fed’s Rate Cuts Bring No Relief For Consumers’ Credit Card Bills (Washington Post)
Killer Credit (In These Times)
Suit Alleges Widespread Fraudulent Legal-Aid Scheme (WSJ Law Blog)
Major lenders put freeze on foreclosures (CNN/Money)