Word: collectionitis
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The press is upset that the car companies will not put on their usual splendid displays at the New York International Auto Show. There will not be a big collection of V8 thunder cruisers, women in bikinis to demonstrate the latest models, and wild concept cars which are inordinately attractive...
Thanks to the country's lax debt laws, the judicial route for lenders to recover what's owed them is slow and tortuous, so many lenders are turning to a more direct approach to get their money back - tapping into the Spaniards' fear of public humiliation. As a result, companies...
"In this country, they treat people who owe money worse than criminals," says Vila, 49, an employee of a health-insurance company. Earlier this year, she fell behind on her mortgage payments. On March 31, she received a call from an unidentified collection agency that said it worked with the...
The collection companies say they mainly go only after "professional" debtors: the business owner or public figure intent on gaming the system - "not families who don't earn enough to get to the end of the month," says Granda.
One of the most popular lodges, Blue Morpho, is run by Hamilton Souther, a California native who moved to Peru in 2001 to learn about medicinal plants from local Indians. After receiving the title of master shaman, Souther set up Blue Morpho, a collection of charming thatch-roofed huts and...