Debt Collection Agency, Rapid Recovery Solution Commented on an Article Regarding Bully Debt Collectors

Following an article about bully debt collection tactics, Rapid Recovery Solution offered their comments.

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Bohemia, NY (PRWEB) December 25, 2012

On December 25, 2012, debt collection agency, Rapid Recovery Solution, commented on a This Is Money article by Ruth Lythe, regarding bull debt collectors harassing the innocent.

According to the This Is Money article, “Thousands of customers at Britain’s biggest High Street names are being hounded by debt collectors — even though they do not owe a penny.” The article states that a recent investigation has shown that, banks, insurers, and utility firms, are threatening consumers by telling them their homes will be raided and property sold if they do not pay their debts.

According to the article, “Many are the victims of mistaken identity, often do not owe anything and have never been in debt.” The article mentions that sadly consumers fork up the fee that they do not actually owe, in fear that their homes will actually be raided by bailiffs.

The article informs that, “Complaints about debt collectors have doubled over the past six months to 1,020 according to the Financial Ombudsman Service.” According to the article, federal oversight of debt collection will be implemented next year to crack down on these rogue firms.

John Monderine, CEO of debt collection agency Rapid Recovery Solution, offered his comments on the news. “My advice to the consumers being harassed by the rogue firms, is to not give in. These firms can not legally raid your home over debt collection reasons,” says Monderine. “Rapid Recovery Solution would never make the mistake of collecting on innocent people, that is just unacceptable.”

Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.

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