Collection Recon

Statutes of Limitations on Debt

Posted on 28. Jul, 2010 by Collections Recon.

Due to are weak economy and lack of employment more consumers than ever are finding themselves in positions where they can no longer afford to pay their monthly debt. Credit ratings are taking a dive, unemployment benefits are simply starting to run out, and foreclosures are still at record highs. Many consumers that have had no problems managing their expenses in the past have found themselves facing bills that are not affordable.

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