Wednesday, November 08, 2006

Debt Collectors Often Collect Bogus Debts

Just because a debt collector sends you a notice that you owe money, it doesn't mean the claim is legitimate. Oftentimes these companies make honest mistakes. Sometimes they engage in out and out fraud.

In West Virginia, one consumer received a notice from Pinnacle Credit Services demanding payment for a debt it was assigned to collect. The consumer denied she owed the money and when the company persisted, she contacted the state attorney general's office.

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