Michael Boggiano Comments in Daily Mail on Rising Debt Collection Calls

A recent Daily Mail–linked report underscores a dramatic jump in debt collection call complaints across the U.S., a troubling trend echoed in coverage by NumberBarn and similar outlets. The analysis reveals a staggering 150% year‑over‑year surge, from roughly 45,000 complaints in Q1 2024 to over 112,000 in Q1 2025, with nearly half identified as abusive or harassing

In response, Michael Boggiano, Managing Partner at Wealthcare Financial, describes the situation as “a perfect storm”: escalating economic pressure has consumers overwhelmed, while scam attempts posing as debt collectors are compounding the issue.

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This blog has been provided for informational purposes only and is not intended as legal, tax, or investment advice, or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

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The Fundamentals of Estate Planning

Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.

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