July 22, 2014
Mohenjo
Business
amazon, Best of HuffPost, business, Business News, Debt Buyer Default Judgment, Debt Buyers, Debt Collection, Debt Collection Lawsuit, Debt Collector Default Judgment, Debt Collectors, Debt Industry, Debt Lawsuit, Default Judgment, Default Judgments, Hotels, huffingtonpost, human-rights, Junk Debt, medicine, mental-health, research, Science, Science News, Sued Debt, technology, Technology News, travel, vacation, Video
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People with overdue bills have long complained of harassment from debt collectors, from late-night phone calls to frightening in-person visits. Now it appears the industry has found far more troubling strategy: Filing lawsuits against debtors — often, consumer advocates say, on the theory that they won’t ever show up to court to defend themselves.
The consequences are dire when the debtors don’t appear in court. A judge can put a lien on someone’s home, garnish wages, even freeze bank accounts — all without a person ever getting a chance to fight their case. And at times, collectors file suit in error. Consumers interviewed for this story described cases where they were never told they were being brought to court, or were sued for debts on credit cards they never had.
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November 24, 2012
Mohenjo
Human Interest
business, consumer debt, consumers, Credit, Credit Cards, Debt, Debt Collectors, economy, huffingtonpost, jubilee campaign, money books, Money News, occupy-wall-street, personal finance book, politics, raise money, research, Rolling Jubilee, Science, Science News, Strike Debt, Student Loans, technology, vacation, Video
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Occupy Wall Street alumni have hatched a new plan: Raise money and then bail people out of debt. The campaign, called Rolling Jubilee, kicks off Thursday night with a live-streaming telethon broadcast on the Jubilee’s web site.
While Occupy’s latest initiative may or may not succeed, Strike Debt, the group behind the Jubilee campaign, hopes to aid struggling debtors in another way: They have written a personal finance book. Unlike other educational money books, it’s not for people who have money, but for people who don’t.
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A masked protestors celebrating the one year anniversary of the Occupy Movement marches in the financial district
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http://www.huffingtonpost.com/2012/11/15/occupy-debt-personal-finance_n_2132948.html?ref=topbar
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November 19, 2012
Mohenjo
Human Interest
Bad Debt, bank bailout, business, collective refusal, consumer debt, Credit Card, Debt, Debt Cancelation, Debt Collectors, debtors, huffingtonpost, jubilee, Medical Debt, Money News, Occupy Debtors, Occupy-Debt, occupy-wall-street, politics, research, Rolling Jubilee, Science, Science News, Strike Debt, technology, The People's Bailout, travel, vacation, Video
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Occupy Wall Street movement supporters were outraged by the bank bailout. Now they want to start a bailout that people can actually get behind.
Dubbed the Rolling Jubilee, Occupiers have created a program to buy distressed consumer debt and then erase it. That will “liberate debtors at random through a campaign of mutual support, good will, and collective refusal,” the Jubilee’s website said.
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Occupy Wall Street is launching a new movement to buy back consumer debt and erase it.
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.Click link below for story, slideshow, and video:
http://www.huffingtonpost.com/2012/11/12/rolling-jubilee-occupy-wall-street_n_2117792.html?utm_hp_ref=occupy-wall-street
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