The Mexican agency for protecting bank customers has fined debt collectors for harassment.
Debt collection agencies have been fined approximately $12 million.
Most of the complaints to the Mexican regulator was due to people getting calls for debts they were not aware of.
Source: ABC news
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Chasing debts through courts is a nightmare for many small business owners. It means taking away time and money from the business and does not guarantee results.
But for anyone who runs a small business it is essential to understand how it works.
