An Interview with Debt Collection Consumer Advocate Bud Hibbs

This interview with a debt collection consumer advocate, Bud Hibbs, shows his take on the state of the debt collection industry in America. If you are being harassed by a debt collector, contact an attorney whose practice focuses on issues relating to the Fair Debt Collection Practices Act (FDCPA) to discuss your situation.

UPDATED: Jul 12, 2023Fact Checked

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Jeffrey Johnson

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Jul 12, 2023

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UPDATED: Jul 12, 2023Fact Checked

We recently interviewed Bud Hibbs, a debt collection consumer advocate and consultant of over 25 years who has written several books, is approved to teach CLE (Continuing Legal Education) courses through the State Bar of Texas and has appeared in numerous radio and television programs including The Oprah Winfrey Show to get his take on the state of the debt collection industry in America. Here’s an excerpt from that interview:

What made you decide to go into this business?

It’s something I’m very passionate about. I come from a family of attorneys and back in the 1990s I wrote a book called Stop It – A Consumer’s Guide to Effectively Stopping Collection Agency Harassment. As a result, it got me on a lot of radio shows back then because no one was doing this type of work. We were actually on The Oprah Winfrey Show; the show aired over a Christmas holiday and we were besieged with requests. We got more than 100,000 book orders in just a few days after that.

We knew we were onto something big, so we took what we had, fine-tuned it and we’ve been growing ever since then. Today we operate budhibbs.com with the other websites, but budhibbs.com and the associated websites are averaging close to three million hits per month. We’re getting ready to expand it even greater than that after the first of this year.

Debt collection is a personal thing …

I’ll tell you something I learned when I first wrote this book. We were at a book signing with a young fellow who wrote an exercise workout book and the line for his book was outside the door and we didn’t have anyone in front of us. The bookstore manager pulled us into the back room and he said, ‘You know, what you sell is kind of like people’s sex life. We all have one, but we darn sure don’t go out in public and want anybody to know or discuss it at the office cooler or around the coffee maker. The problem with what you have and what you’re helping people with is a very personal thing.’

Even though the Internet has made it a lot easier to get information, we found out that it’s still a very personal thing that people don’t know how to deal with. The same thing holds true with credit card debt and dealing with finances. In my opinion, if you didn’t have parents who were savvy enough to teach you what to use and what not to use, you learned it by trial and error – and the banks don’t help in these matters. You know, every time you go to your mailbox, there’s usually a solicitation for checks, low interest rate credit cards and anything else they can use to entice you.

Expect a meltdown in the credit card industry

The problems we’re seeing on Wall Street and Main Street right now, the banks, in my opinion, are much more to blame than the consumers who took these cards. We’re looking at the next big jog to our economy – and that’s probably going to be some type of meltdown in the credit card industry.

If you are being harassed by a debt collector, contact an attorney whose practice focuses on issues relating to the Fair Debt Collection Practices Act (FDCPA) to discuss your situation. Consultations are free, without obligation and are strictly confidential. Click here to contact an experienced debtor’s rights lawyer who can help you assess your debt situation.

Case Studies: An Interview With Debt Collection Consumer Advocate Bud Hibbs

Case Study 1: John’s Battle Against Harassment

John, a hardworking individual struggling with overwhelming debt, found himself constantly harassed by aggressive debt collectors. Despite his attempts to resolve his financial situation, the harassment persisted, affecting his mental and emotional well-being. Frustrated and seeking relief, John reached out to a seasoned attorney specializing in the Fair Debt Collection Practices Act (FDCPA) for guidance and support.

Case Study 2: Sarah’s Journey to Financial Freedom

Sarah, a single mother with limited financial resources, accumulated substantial credit card debt over the years. Feeling trapped by her financial obligations, she sought professional help to navigate her debt situation. With the assistance of a debtor’s rights lawyer, Sarah gained valuable insights into her rights and options. Together, they developed a comprehensive strategy to manage her debt and restore her financial stability.

Case Study 3: Tom’s Warning Signs of a Looming Crisis

Tom, a financially responsible individual, noticed unsettling trends in the credit card industry that raised concerns. Recognizing the potential impact on his personal finances, he decided to proactively seek legal advice to better understand the risks involved. Consulting with an experienced attorney knowledgeable in credit card industry practices, Tom gained a deeper understanding of the impending crisis and explored preventive measures to safeguard his financial well-being.

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.

Get Legal Help Today

Find the right lawyer for your legal issue.

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