2/6/2010 12:00:00 AM
Collection companies are getting more aggressive in 2010. They are becoming less willing to offer settlements and payment arrangements. They are getting more difficult to work with due to the ever slowing economy causing job loss and other hardships. Collection companies have been losing money throughout 2009 by accepting lower settlements, inexpensive payment plans and are now no longer going to continue at that same pace. Collection companies have become much more aggressive in filing law suits, garnishing wages and freezing bank accounts.
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