Bill Collectors Target Next-of-Kin When Debtors Die

Dead people are paying their bills like there's no tomorrow.

According to "The New York Times," collection agencies are preying on next-of-kin to collect on the debts of the deceased. That could mean credit cards, utility bills, even medical bills.

Companies like Minneapolis-based DCM can electronically rummage through some three-thousand probate courts around the country.

They use the data to file claims and then deploy bill collectors specially trained to sound compassionate.

While collection agencies can go after money inherited from the estate, most state laws protect the next-of-kin from having to pay out of pocket.

Consumer advocates say that spouses, siblings and adult children often have no idea they're not on the hook for their loved one's debts.

DCM is unapologetic, saying they're doing their part to keep the financial services industry afloat during the credit crunch. CEO Steven Farscht said, quote, "Every dollar we collect improves their profitability."

www.msnbc.msn.com