Debt Collection Lawsuits Are Surging
Collection Industry News
SEPTEMBER 23, 2020
Some key findings from the Pew research include: • Between 1993 and 2013, the number of debt collection cases filed annually more than doubled, from 1.7 The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. . million to about 4 million. That is 20 years!
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