Debt Collectors Hit Bottom Again | Durham News

Debt collectors just got a major reputation hit—and now one of the biggest players is on the brink. A recent ranking slammed them near the bottom of America’s most despised jobs, thanks to aggressive tactics and frequent missteps. Meanwhile, Synergy Reorg LLC, a D.C.-based debt collection firm, filed for Chapter 11 bankruptcy after hemorrhaging cash—partly because its parent company lost Costco, its biggest client, which accounted for nearly 60% of revenue. It’s a perfect storm: bad PR meets broken business. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/0c42338f4e67d4b5