Bad Paper: Chasing Debt from Wall Street to the Underworld (MP3 CD)

Bad Paper: Chasing Debt from Wall Street to the Underworld By Jake Halpern, Qarie Marshall (Narrated by) Cover Image

Bad Paper: Chasing Debt from Wall Street to the Underworld (MP3 CD)

By Jake Halpern, Qarie Marshall (Narrated by)

$29.99


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Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of "paper" - the uncollected debts that are sold off by banks for pennies on the dollar. As Halpern shows, the world of consumer debt collection is a wild and unregulated shadowland, where operators may misrepresent a debtor's situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place. Halpern follows his collectors as they intimidate competitors with weapons, manage high-pressure call centers, and scheme new ways to benefit from Americans' debt-industrial complex. He also explores the history of collection agencies and reveals the human cost of a system that leaves hardworking Americans with little opportunity to retire their debts in a reasonable way.
Product Details ISBN: 9781629238814
ISBN-10: 1629238813
Publisher: Dreamscape Media
Publication Date: October 14th, 2014
Language: English