Why Occupy's Plan To Cancel Consumer Debts Is Brilliant - Business Insider

Why Occupy's Plan To Cancel Consumer Debts Is Brilliant - Business Insider:

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Why Occupy's Plan To Cancel Consumer Debts Is Brilliant Business Insider Called the Rolling Jubilee, it is a plan to use money from donations to buy distressed consumer debt from lenders at a marked down price, just as debt collection agencies normally would. But instead of hounding debtors for payments, it will simply ...

Fake Courtroom Debt Collector Ordered to Pay $522,780

Fake Courtroom Debt Collector Ordered to Pay $522,780: The former head of a collection agency that used a fake courtroom to trick some debtors into paying has been ordered to pay more than $500,000 in fines and legal fees. The judgment comes after the defendant in the case won the right to appeal the case, but opted not to offer a defense.