It’s Not a Pretty Picture: Debt, Divorce, and Bankruptcy
Dee Power (October 30th, 2009) Writes:
Those were the top named service requests reported by Pre-Paid Legal Services (NYSE: PPD) based on input from their participating law firms. Pre-paid legal services provides specified legal services to their members.
“The Pre-Paid Legal Services Top Five List is intended to be a ’snap-shot’ of the issues that legal service plan members are facing today, and given the economic hardships that so many Americans are experiencing, it’s not a pretty picture,” said Pre-Paid Legal Services Founder and CEO Harland C. Stonecipher.
Debt collection activities by the lender, or service provider owed the money, don’t have the same restrictions as activities by debt collection agencies. Debt collection agencies must stop harassment when requested by the debtor.
The Federal Trade Commission (FTC) protects consumers from abusive actions by debt collectors. Debt collectors are defined more broadly than just agencies. It also includes attorneys who attempt to collect debts on a regular basis, as
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