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To: AFreeBird

Probably just more fund raising by Hillary.


11 posted on 09/27/2007 1:33:38 PM PDT by JZelle
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To: JZelle

Junk debt buyers are sprouting up all over the place. A new even more slimy tactic is buying old debt and then filing lawsuits en masse. In Texas a junk debt buyer purchased some old Cc debt from a large card issuer and filed 1000 lawsuits, yes I said 1000! Ah the power of mail merging and Word 2007. I can imagine the county clerk on that deal. I am sure the small claims judge was just thrilled probably after 10 of them just started to default for the defendant. Debt collection is the new work at home business. Buy old debt for pennies on the dollar and then from a computer and your SKYPE headset call and harass people.

Most states have statute of limitations for suing on any debt but you have to respond to a lawsuit to defend yourself. Debt collectors have been known to falsify affidavits, re-age accounts, add in illegal costs. All with the wiling help of the three major credit bureaus. The system is a mess and has not helped one wit to help folks pay their bills on time.


19 posted on 09/27/2007 1:43:11 PM PDT by pburgh01
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