zombie-debt-how-collectors-trick-consumers-into-reviving-dead-debts

zombie-debt-how-collectors-trick-consumers-into-reviving-dead-debts

8/23/2019

link

https://www.washingtonpost.com/business/2019/08/07/zombie-debt-how-collectors-trick-consumers-into-reviving-dead-debts/

summary

This Washington Post article delves into the world of "zombie debt" and how collectors manipulate consumers into reviving old debts that they may not actually be legally obligated to pay. The article explains how collectors use tactics such as misleading letters, expired statutes of limitations, and even manipulation of credit reports to convince individuals to pay off old debts. It highlights the predatory nature of these practices and the financial strain they can cause on already vulnerable consumers. The article calls for greater regulation and consumer protection to prevent these deceptive debt collection practices.

tags

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