Thursday, September 3, 2009

Abusive Debt Collectors

CBS News reported on a woman who was being harassed by debt collectors for a bill she didn't owe. The debt collectors claimed she owed $4400. She paid $900 to settle because she felt she couldn't pay an attorney to fight the claim. She did not realize that the debt collectors would have to pay her attorneys' fees if she was successful, so she could have hired an attorney without any cost to her.

Andrew Cuomo, New York Attorney General, sued the group that was harassing the consumer. The difficult part can be that these debt collectors close their offices (after being sued numerous times) and then re-open under different names.

Watch the video.

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