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Out-of-statute debt is readily available on various Web sites that cater to the collections industry.
"TrueAccord is redefining the debt collections industry through a digital approach for debt recovery," said Melissa Guzy, co-founder and managing partner at Arbor Ventures.
First, we need to understand the definition of "Zombie Debt" in the collections industry.
Jerry Ashton is a forty-year veteran in credit and collections industry and an acknowledged gadfly in that industry.
As the originators of credit card loans, banks are at the headwaters of the rivers of bad debt that flow into the collections industry.
This initial debt purchase and abolishment of student debt is but the initial shot being fired across the bow of both the government and the collections industry.
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When Robert E. Goff and I decided to co-author a book employing our collective knowledge of the Affordable Care Act (ACA) and the medical and debt collections industries to expose their inequities and shortfalls, we had no idea of the amount of work - and by that, I mean teamwork - that would be required.
Robert and could only guess as to the public's reception to a book that deals with the pain inflicted on their fellow Americans by the medical, pharma, insurance and collections industries.
The debt collection industry has undergone a transformation in the last decade.
The Federal Trade Commission, which oversees the debt-collection industry, puts the non-response rate closer to 95 percent.
The debt collection industry, virtually unregulated, has more problems than just Oliver.
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CEO of Professional Science Editing for Scientists @ prosciediting.com