21–30 of 116 posts
Federal debt? gov keep borrowing or printing more to payoff past debts college debts? hope Dems get power in DC biz debt? declare bankruptcy its hard to find a type of debt that cant just be magically blinked away with a procedural wave of the hand
And they want to do debt forgiveness as opposed to another war.
I’d love to build tools that automatically exercise your rights as a consumer against these large corporations. The simple truth is that they rely on the social norms of a society as weapons against them, whilst simultaneously breaking the codified ones.
Norms like being honest and not stealing? society gets really expensive and unfriendly when we have to use enforcement instead of norms.
As a lawyer who has fought a few collection cases, I would disagree with the notion that the collectors typically can’t document the debt. They can. Moreover the fdcpa doesn’t require the collector to prove the debt to you with absolute metaphysical certitude. They just have to verify it.
One would expect that the cases that actually get to the point of lawyers and courts are atypical. It seems likely that the ones who can't document the debt would probably drop the matter when first challenged, long before that stage.
Is that not the case?
You can believe that collection agencies behave illegally and also think that is unethical not to pay your debts to the best of your ability. Even if paying consumer debts is optional, not being able to get credit in the future, especially a home mortgage, is an incentive to pay. Some employers check the credit scores of applicants, and such scores probably are a decent indicator of whether someone has their life in…
What's with people not offering RSS?
I’d love to build tools that automatically exercise your rights as a consumer against these large corporations. The simple truth is that they rely on the social norms of a society as weapons against them, whilst simultaneously breaking the codified ones.
It's not just a corporate thing, but a problem in the US as a whole that the government banks on. When people are overworked, underpaid, and uneducated then they don't have the time/ability to keep up with politics, fight for their rights, and see how they've been getting fucked by local, state, and federal government for decades.
You can believe that collection agencies behave illegally and also think that is unethical not to pay your debts to the best of your ability. Even if paying consumer debts is optional, not being able to get credit in the future, especially a home mortgage, is an incentive to pay. Some employers check the credit scores of applicants, and such scores probably are a decent indicator of whether someone has their life in…
On the ethics front: let's say I owe money to a credit card company. They sell it off to EZ-Sleez, the debt collection company. What do I owe to them? I certainly didn't borrow money from them. We have no particular relationship. They have one with the credit card company, but that's none of my business, from an ethics standpoint. The idea of selling debt itself feels very unethical to me, and I'd like to see that justified before we talk about what we may or may not owe people.
Isn't there like a credit score system in the US that companies can check? In Mexico there's something called the Credit Office (buró de crédito) that banks can check if you've paid all your debts.
Isn't there like a credit score system in the US that companies can check? In Mexico there's something called the Credit Office (buró de crédito) that banks can check if you've paid all your debts.