Record Number of Lawsuits Against Debt Collectors

Fed-up consumers are fighting back against overly aggressive debt collectors, slapping collection agencies and creditors with a record 7,923 lawsuits from January 1 through August 15, 2011, according to a report in Collections & Credit Risk. By comparison, in the same period from a year ago, consumers filed only 7,169 such lawsuits. That means lawsuits …

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