Fri.May 17, 2019

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Deciding Whether to Hire a Collection Agency for a Government Debt

Credits Inc

In September 2018, consumer debt in the U.S. was reported to have reached $3.95 trillion, while the public debt is a whopping $16.5 trillion. A growing concern for the government is the steady increase of the U.S. public debt. Recovering delinquent debt has become necessary for the government to continue to provide services to the public, stay within designated federal budget guidelines, and fund various programs.