One third of Americans have deliquient debt in collections

Edrie Pfeiffer
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Edrie Pfeiffer, Bankruptcy & Divorce Attorney
Posted on Aug 29, 2014

When individuals fall behind on the their debts, the accounts are frequently turned over to collection agencies. Many of these agencies use high pressure methods to try to force payments on the debts. A recent study shows that over one third of Americans who have a credit report have accounts that are delinquent and are in collections. In Virginia, over 40% of individuals have accounts in collections.

If you are one of these individuals, there is help. Contact Hampton Roads Legal Services at 757-320-2010 to see how a bankruptcy can put you on the path to being debt free and stop these collection agents in their tracks.

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