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So Sue Them: Everything We Know About the Debt Collection Lawsuit Machine [PSMag.com]

 

Millions of Americans live with the possibility that, at any moment, their wages or the cash in their bank accounts could be seized over an old debt. It’s an easily ignored part of America’s financial system, in part due to a common attitude that people who don’t pay their debts deserve what’s coming to them.

A couple of years ago, we set out to find out more about the growing use of the courts to collect consumer debts. How many lawsuits are filed? Who is filing them? Who is getting sued?



[For more of this story, written by Paul Kiel, go to https://psmag.com/so-sue-them-...8ce87e5f5#.rysj7ktww]

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