Download Bad Paper: Chasing Debt from Wall Street to the Underworld AudioBook Free
Jake Halpern introduces us to a ex - banking professional and a ex - armed robber who become partners and use search of "paper" - the uncollected obligations that are sold off by banking institutions for pennies on the dollar. As Halpern shows, the world of personal debt collection is a outrageous and unregulated shadow land, where operators may misrepresent a debtor's situation, make illegal hazards, and even lay claim to obligations that are not theirs to gather in the first place. Halpern practices his collectors as they intimidate competition with weaponry, manage high-pressure call centers, and design new ways to benefit from American's debt-industrial complex. He also explores the history of collection agencies and reveals the real human cost of something that leaves hardworking Us citizens with little opportunity to retire their obligations in a reasonable way.
