Debt collection victims get $4 million

[mesquite]

The FTC said Asset Capital Management Group purchased the debt from creditors and to collect from consumers it "extorted payments from them using false threats."

About 95,000 consumers will be getting a total of nearly $4 million

www.cbsnews.com/news/a-debt-collection-scams-victims-get-4-million/

[Valerie]

No mention that those "victims" actually owed money.

[mesquite]

I have been harassed by a debt collection agency when I did not owe the underlying debt.

[mysisteringa]

That's a whopping 42 bucks each. Oh, wait, I forgot to subtract legal fees... The lawyers are the only ones getting a great deal handling class action suits