Monday, March 9, 2009

Ahoy! Debt Pirates ahead!

Those debt pirates are sailing the seas looking for easy, distressed prey.

Debt Pirates: Noun. People and companies who take advantage of those in need and dire financial straits, providing no value for the services they render, treading on a mixture of hope and fear.

Florida's Attorney General announced last Monday the number of complaints and it was astounding:

7,305 compliant related to mortgage and foreclosure schemes.

That is over 500 per month!

Keep in mind that only one in ten people who are ripped off bother to contact the Attorney General's office. They meekly accept their fate, too embarassed by their financial condtion to publically complain.

Those people need a voice. The public needs education on these financial matters. The Medial is failing miserably, selling adds to any "fly by night" company that offers up the coin.

I am that voice. Get ready.

1 comment:

  1. Whose voice is speaking? Yours or your partner that you screwed over?