Collecting debts from the dead

I have an elderly neighbor who is certain to die in crushing credit card debt. So this NYT article on a “new frontier” in debt collection grabbed my attention. (Edge of the West linked to it here.) It’s a profile of DCM Services, specialists in getting the bereaved to assume responsibility for the unsecured debts […]

Our mayor is arrested

Birmingham mayor Larry Langford was arrested by FBI agents at about 7:00 this morning. He’s charged with receiving $230,000 from an investment banker whose firm made more than $7 million off of bond financing business for Jefferson County. Langford was chairman of the county commission at the time. The county is now heading toward bankruptcy […]