More And More Georgians Are Being Sued Because Of Their Debt

Audio, Interview, News Story, Talk Radio (Georgia, NATIONAL)

Jim Burress
WABE (local NPR, Atlanta)
May 8, 2020
Listen to the interview.

Tags: Court Reform, Debt Collection, Reports

Organizations mentioned/involved: Pew Charitable Trusts – Civil Legal System Modernization project


DETAILS

More and more Georgians are being sued for debt.Major corporations–some even traded on the New York Stock Exchange–buy bad debt from a company or credit card issuer for pennies. The companies will then sue in local courts for the full amount–and then some. And these debt collectors’ win rate is staggering, but it’s rarely because of the legal strength of their lawsuit. The Pew Charitable Trusts just published a report looking at the effect this practice has on local courts.