Archive for May, 2008
Debt Collectors From India Attractive to US Collection Agencies
In a glass tower on the outskirts of New Delhi, dozens of young Indians are on the telephone, calling out-of-work, forgetful and debt-stricken Americans to ask for cash.
“Are you sure that’s all you can afford?” one operator in a row of cubicles inquires politely.
“Well, how do you take care of your everyday expenses?” presses another.
Americans [...]
Senate Bill Boosts Debt Collection Exemptions
Legislation to better protect homes from debt collectors passed a Senate panel in Louisiana Tuesday.
Sen. Julie Quinn, chairwoman of the Committee on Judiciary A and sponsor of the bill, said musical instruments, artwork and other items are exempt from seizure for the collection of debts but homes are not fully protected.
“This does not mean you’re [...]
