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Lawyers Profit Off Debt Collectors

By on August 5, 2010
Lawyers Profit Off Debt Collectors

Interesting article from News Chief in Winter Haven, Florida.

Attorney Pete Barry points expectantly at the video screen, drawing the attention of 16 attorneys in a hotel conference room who have come to learn his trade secrets.

On the screen, a debt collector with spiky hair is squirming, his eyes darting back and forth as Barry barrages him with questions.

“You see!” Barry yells triumphantly. “He’s lying. Collectors often lie. If it’s between me and him in front of a jury, I’ll win every day.”

Hounded by collection firms that buy unpaid debts and pursue debtors through court judgments, many of Barry’s clients have turned to him for relief from what they contend is nothing short of harassment.

Yet the legal movement Barry helped create – by training hundreds of lawyers at 30-hour boot camps that cost $2,500 per head – has begun to look more and more like the collections industry he despises.

Read the full article: Lawyers can profit vs. debt collectors


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About Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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