My Letter To The Editor of BusinessWeek On Their Cover Story On The Collection Of Bankruptcy Debt

Business Culture and Current Events | Stocks

The cover story of the most recent BusinessWeek magazine, “Prisoners of Debt”, is an interesting read about the attempt to collect on debts discharged by bankruptcy by the debt collection industry.

While this is certainly a shady and controversial practice one of the implications of the story seems to be that the debt collection industry makes most, or even a lot, of its money from this practice – which just isn’t true.

I wrote a letter to the editor to clear this up.

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