I've been on both sides of collections. First, I owned and operated a chain of check cashing stores. We collected from some of the toughest collections clients there are. Since I've been hit by the recent problems in the real estate market, I find myself on the other side of the phone where people are trying to COLLECT from me!
I thought I knew it all, but this book has taught me some new ways to protect myself. It is not as simple as declaring bankruptcy anymore.
I urge people to read this book to educate yourself. Collections agents will LIE, HUMILATE and CHEAT. They will do anything and everything to get your money. And don't think that the banks will play fair. They are the first to use back-alley and underhanded scare tactics. |