Debt collecting is an age-old business but it may soon receive a 21st-century revamp when the Consumer Financial Protection Bureau, an agency created in the wake of the financial crisis to protect consumers, proposes new rules for the industry. Among …
by stockboardasset Since the IRS implemented the private debt collection (PDC) initiative in 2017, National Taxpayer Advocate Nina Olson warned that low-income taxpayers whose debts are assigned to private collection agencies (PCAs) are being locked into debt servicing installment plans they cannot afford, …
by John Ward C’est la vie, c’est la guerre / des journées d’enfer (Rough translation: it is in the nature of life that we will all have Days from Hell) ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I had an appointment at the Tax Office this morning. …