Thanks to Yves Smith at

, we have word today of an

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in Maryland by Peter A. Holland at the University of Maryland Francis King Carey School of Law. Here's Smith's summary:

This study is one of the few to look empirically at this flood of cases, and it's more remarkable for the fact that Maryland has been at the forefront of reform in this field, having

against the unscrupulous tactics debt buyers have used routinely for years in this and other states. Only 20 percent of those sued for debts even respond, a figure that suggests that "sewer service"--the tactic of deliberately serving the wrong person or the wrong address, in order to get a default judgment, is alive and well. From the abstract:

Holland says the debt collection goes on "in a 'shadow system' with little judicial oversight."

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