Almost everyone who has been in debt has received the dreaded telephone call from a collections company. But oftentimes one phone call turns into twenty, and even worse, an agent may be aggressive and threatening on the phone.
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At a press conference Tuesday in Buffalo, N.Y., New York Attorney General Andrew Cuomo broadcasted that his office has closed down a debt collection operation in Western New York that included at least 9 collection agencies owned by Tobias Boyland.
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What is a collection company?
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Despite the fact that we are in the middle of a recession, many collection agencies are aiming to hire new trainees. According to a recent survey, over 55 percent of bill collection companies have plans to hire more staff in the first half of this year.
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The Massachusetts Supreme Judicial Court reported last week that it has modified some of the rules governing the use of small claims courts. The Court said that the changes were constructed specifically to address the load of debt collection cases that are filed in small claims courts.
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