pay-garnishments-rise-as-debtors-fall-behind: Personal Finance News from Yahoo! Finance
I am hearing of these aggressive tactics more often. If you are in financial trouble read In The Trenches and check out the links to the blog list on In The Trenches blog. Some of the blogs are deal specifically with debt reduction and recently some of the sites have featured stories about dealing with collection agencies. The yellow pages will should you consumer credit counseling services in your area. Closing your checking account may stall the process but garnishments can send you into a tail spin.
The big boys are playing hardball and they are playing to win.