Are Debt Collectors Hounding You?

Where's My $10 Million?

How about the West Virginia woman who was awarded $10 million dollars from debt collectors? Diana Mey said:

I don’t know that I’ll ever collect a dime, but if I can get their operation shut down, that would make me very happy.

It all started two years ago when a debt collector left a message implying that her house was in jeopardy if she didn’t pay a debt. The message stated:

“I’m calling in regards to a preliminary asset liability investigation. They are in the process of serving some court documents in regards to case 29369… They have some information now pending questions at the property,… Springdale Avenue, in Wheeling, West Virginia. It is in your best interests to contact the department. You are required to contact 866-764-9779.”

It is illegal for debt collectors to make empty threats about serving people with a lawsuit or seizing their home. And it was expecially galling to Mey, sho says she is debt free.

I was the victim of the same situation and here’s why. Millions of Americans are victims of this kind of mistaken debtor identity, partly because of a new breed of collectors called “debt buyers.” They purchase old debt for pennies that the original creditors have given up on and then try to collect them for a big profit. FYI this happened to me more than 10 years ago, so, it’s not exactly new!!

You can read the full story of collecting that $10 million here. 


Should his antidote mount a stumbling soup?

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