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Organizing the Debt Buyer Industry - A Grassroots Outlook

· ARM Industry,Charge-off Debt,Debt Sales 101,Debt Collection 101,Debt For Sales

Dear Friends in the ARM Industry,

Debtors often turn to the internet for solutions when they are contacted by a collection agency, but they often receive incorrect advice on how to handle their debt. Some suggestions to avoid false information are to provide clear and helpful information on collection agency websites, including a step-by-step guide for repayment. By offering helpful information, we can counteract the negative advice and attitudes prevalent online.

In recent years, there has been a rise in online communities promoting refusal to pay debts and even exploiting collection agencies for legal violations. To combat this, it is important for industry organizations to work together and launch a public relations campaign to educate the public and counter the false information in the media.

We need a more collaborative effort, with support from accounts receivable companies, organizations, vendors, and originators, to respond to negative press, harmful laws, and corrupt media. By utilizing technology and internet connections, we can effectively communicate our mission and actions to the public.


Jeffery Hartman