Incharge Debt Solution Lawsuit

Scavenger debt collectors are companies that purchase old debts for pennies on the dollar and attempt to collect that money, sometimes after the statute of limitations has expired. Since the original creditor does not believe he can recoup the loss, he sells it to a scavenger collection agency and cuts his losses.

Unfortunately, debt-collection scams have become increasingly common over the last decade, and it is sometimes difficult to recognize scavenger debt collectors. They might sounds legitimate and send consumers official-looking documents, but they often do not have the authority to collect on their debts.

Scavenger Debt Collectors are Usually Not Lawyers

Many times, a scavenger collection agency will contact a consumer and claim to be a "litigation form" or "attorney's office" in order to strong-arm collection of the debt. In most cases, this is either a lie or an exaggeration of the truth, and these cases rarely go to trial.

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