11-04-2015, 01:24 PM
(11-04-2015, 12:54 PM)fredtoast Wrote: Also remember that the government has a lot more tools that private collectors do not. For example the State could take away a persons drivers license if he was too delinquent in child support payments. sometimes that brought in more money, but sometimes it just made things worse because a person has even a harder time getting a job if he doesn't have a drivers license.
This is the biggest thing. Debt collectors don't really have legal authority for much of anything. Their only real tool is credit reporting, and for most people with outstanding debt that isn't going to matter because their credit is shot anyway.
