Get all your news in one place.
100's of premium titles.
One app.
Start reading
Everybody Loves Your Money
Everybody Loves Your Money
Business
Brandon Marcus

5 Legal Loopholes That Let Debt Collectors Keep Chasing for Decades

Image Source: 123rf.com

Debt doesn’t always die when it’s supposed to. Most people assume that once a few years pass, collectors lose their grip, but the law has plenty of hidden doors that let them slip right back into the picture.

These aren’t the obvious tricks you hear about on TV commercials or in quick money blogs. These are the sneaky, long-game moves that allow collection agencies to keep old debts alive like a horror movie villain that just won’t stay down. If you’ve ever thought time was your shield, these loopholes prove it’s more like Swiss cheese—full of holes and easy to break through.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.