Officials Raid Collection Agency, Arrest Three

Officials Raid Collection Agency, Arrest Three.

There are people in this world who seek nothing more than to steal what is yours and make it there own.  They are unscrupulous and resourceful.

I can often be heard discussing how debt collectors and debt buyers violate federal and state law.  I can also be heard saying how many of these people are just crooks or thugs who use fraudulent paperwork, telephones, and the courts to intimidate and rob good people instead of guns or knives.  Well…

This bit of news about some of these very thugs in Florida is unfortunately not shocking, but more of the same.  You must realize that even the giant, well-funded debt buyers who provide a secondary market for charged-off debt operate on a “trust us” business model.  They sue you expecting you to trust them, or some superficial documentation, and to ultimately pay them money for which they can’t prove you owe.  Thus, any money you may pay these companies is derived from your fear, embarrassment, or sense of responsibility.

I do not fault people targeted by these debt buyers who are scared or embarrassed, but instead the debt buyers for wrongfully putting them in this position without proper foundation of the debt.  As for the sense of responsibility, I commend those people who seek to honor this sense, but it is misplaced.  It is the equivalent of borrowing money from a friend, and when you cannot pay it back, you go to your dentist to apologize.  It makes no sense!!  If there is one takeaway from this story about the thugs who were arrested in Florida in this story, it is this: DO NOT TAKE A DEBT COLLECTOR’S WORD-MAKE THEM SHOW YOU PROOF YOU OWE MONEY TO THEM.

There are legal resources available to assist you and laws designed to protect you from these people and these companies.  If you think you need to take action, be proactive and do so before it is too late.