01/04/16 - The holidays are over—perhaps the credit cards are full. Have you ever been stuck in the web of debt collection?
Agents have their job to do--but the experience can be harrowing. Once well into arrears, debt is purchased by a contractor—usually for pennies on the dollar—and persistently pursued. We’ll learn how it all works—including the sordid side—with JakeHalpern, author of BAD PAPER: Chasing Debt from Wall Street to the Underworld. That’s Topical Currents. . . Monday at 1pm.
Video from C-SPAN, MAY 30, 2014 Book Discussion on Bad Paper:
http://www.c-span.org/video/?319870-4/book-discussion-bad-paper