Who owns the collection agency and debt management companies?
Can you tell me who owns and runs the collection agencies and debt management programs? Are they owned by the banks and credit card issuers?
By: Russell
About the Author:
By: Russell
About the Author:
Published by: admin on February 10th, 2009 | Filed under Debt Management
7 Responses to “Who owns the collection agency and debt management companies?”
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February 10th, 2009 at 9:51 pm
Create a video blog
No, private companies
February 13th, 2009 at 5:13 am
Caffeinated Content – Members-Only Content for WordPress
No. Each place has different owners but they’re not owned by banks.
February 13th, 2009 at 8:18 am
debt management
Evil people own them.
February 16th, 2009 at 11:42 am
Kansieo.com
Private companies who buy the debt and then attempt to collect the monies owed to the original debtor (you).
February 16th, 2009 at 2:40 pm
debt management
Dateline had a interesting show about this matter not too long ago.
Anyone can purchase a bad debt portfolio and set up shop to collect them, the show even had people who had prison records, drug dealers, one guy owned and operate a escort service and he and had his girls calling people, collecting the money.
This is why there are so many unscrupulous debt collectors.
February 18th, 2009 at 10:24 am
Caffeinated Content
I can buy an unpaid contract from anybody and then try to collect on it. That’s what the “or successors” means in the agreement…it can be transferred to somebody else.
A lot of times the owner is a lawyer, because he doesn’t have to hire a lawyer to take you to court; he can do it himself.
February 20th, 2009 at 1:47 am
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I would check out They have a list of very good debt relief and help companies.