• The Kaplan Group

    The Truth about Debt Collectors

    By Dean Kaplan, CEO and President, The Kaplan Group When I tell people at parties what I do for a living, I often get a weird look. Sometimes, people move back a step or two, as though I might be a threat. I try not to take it personally. Generally speaking, there are two main types of debt collectors, commercial and consumer. A commercial debt collector helps companies collect when other companies owe them money. A consumer debt collector pursues debt that individuals owe to companies. These collectors may work for an agency hired by the company that is owed the money or for a company that has purchased the…