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« Someone has to do it | Main | In defense of nerds »

Guilt & Swindle

I read an early version of this story on TPM a few weeks ago, but it was presented there like it was only a quasi-official operation. This makes it seem much more legitimate.

Dead people are the newest frontier in debt collecting, and one of the healthiest parts of the industry. Those who dun the living say that people are so scared and so broke it is difficult to get them to cough up even token payments.

Collecting from the dead, however, is expanding. Improved database technology is making it easier to discover when estates are opened in the country's 3,000 probate courts, giving collectors an opportunity to file timely claims. But if there is no formal estate and thus nothing to file against, the human touch comes into play.

By fnord12 | March 5, 2009, 9:39 PM | Liberal Outrage