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Zombie Debt Collectors Target Homeowners with Settled Loans

11/2/2025

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Summary

Story summary

Zombie debt collectors target U.S. homeowners with old loans many believed were settled.
Bloomberg News reports more than two dozen firms are involved, affecting at least 12,000 homeowners.
The tactics include aggressive measures that can trigger foreclosure over debts borrowers believed canceled.
Administration of U.S. President Donald Trump weakened consumer protection agencies, leaving hundreds of thousands of borrowers at risk and more than $32 billion in old loans unaddressed.

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Story summary

Zombie debt collectors target U.S. homeowners with old loans many believed were settled.
Bloomberg News reports more than two dozen firms are involved, affecting at least 12,000 homeowners.
The tactics include aggressive measures that can trigger foreclosure over debts borrowers believed canceled.
Administration of U.S. President Donald Trump weakened consumer protection agencies, leaving hundreds of thousands of borrowers at risk and more than $32 billion in old loans unaddressed.