Monday, January 03, 2011

WSJ covers aggressive tactics by some debt collectors, including "robosigning" of suits with deceased people

Jessica Silver-Greenberg has an interesting video on the Wall Street Journal site about the frantic tactics of debt collectors, Nov. 28, 2010:

Then on Dec. 31 in the “Money & Investing” page of the WSJ she ran an interesting story about Portfolio Recovery Associates, a debt collection agency using the signature of the deceased woman Martha Kunkle in “robosigning” of affidavits associated with collection “letter lawsuits” filed against “delinquent” borrowers. Deceased people are not immune to “identity theft.”