Quick: Which debt collection agency launched Formula 409? Sounds crazy, doesn’t it? Chad Watt over at the Dallas Business Journal unearthed the trivia tidbit that NorAm Capital Holdings (OTC: NRMH) began as Formula 409, Inc., which eventually sold the familiar cleaning liquid to Clorox. The company then had a hand in several businesses, and is now in the debt collection biz.
StopCollector Blog Authors
Sergei Lemberg
Sergei Lemberg is the principal at Lemberg & Associates, a law firm that defends consumer rights in the areas of fair debt collection law, fair credit law, lemon law, among others. He is regularly labeled by the debt collection industry as one of the “most active consumer attorneys” in the U.S.
Sally Smith
Sally Smith is the former editor-in-chief of several consumer magazines, and has written extensively on issues relating to finance, public policy, and other topics of interest to consumers.
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