Irish Gang Starts "bill Collection Agency"

And you thought your bill collections agency was bad enough

. It has been recently disclosed that a gang boss in Ireland has made a new career move - debt collection. This criminal genius has been linked to twelve murders; a threat even more serious than a collections letter.

Most of the time, legit creditors who aren't gang members will hire out third party collection agencies to retrieve debts. Bill collectors work on commission, where they receive a percentage of the amount of money that they collect. Oftentimes collection agencies will purchase debt from the creditors so that they can collect the entire sum of money owed.

The Irish thugs seemed to have borrowed inspiration from this practice, but the similarities end there. The boss of the notorious Irish gang has established his own collection agency, purchasing debt and using his reputation to bully his way into gathering the money owed. The unfortunate debtors are drug users who are unable to repay dealers.

Reputable collection agencies will usually start with a gentle "reminder letter." If the debtor is antagonistic or evasive, the letters will become more serious. Telephone calls will be used as well as a reminder to those who owe money to pay up. If these ploys fail, the company has the right to report a debt to credit bureaus, or file a lawsuit.

Conversely, the Irish gangland collection agency will use its reputation as a group of ruthless murderers and criminals to intimidate debtors into paying back drug money. Fortunately, the head of this operation has been arrested, and the Justice Minister of Ireland has vowed to do everything in his power to ensure that the accused will be brought to justice.

So next time you get a phone call from a bill collection agency, try to keep things in perspective. And if you are ever in Ireland, it is probably unwise to take out a loan with a ruthless gang.

by: Mallory Nocks

POST COMMENT

Collection Appeal Rights Couture Collection Calypso 1 vibrating bullet Huge Collection of Double Horse Helicopter Building A Collection Of Porcelain Dolls Horror Movie Collection La Place USA Interiors is proud to present their Eco Teak Collection MP3 songs collections How To Start A Fantasy Doll Collection Ambulance Collections Decision Put Off By County Officials La PlaceUSA Interiors is proud to present their Eco Teak Collection First Look: Rapha + Paul Smith Collection How To Start An Antique Toys Collection Zhang Hammer Smashed The Refrigerator Or The Stay Of The Collection?