Many Gamerco utility users owe money - Consumer Finance Hub

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Debt Research News

HOME :: RESEARCH :: DEBT :: NEWS:: MAY 2007
Many Gamerco utility users owe money

When the city convinced the McKinley County DistrictCourt to let it bill and collect on all the town's utility accounts over a year ago, officials knew that bringing down the $170,000 residents owed would not be easy. By November, steady payments had brought the town's debt down to $99,000. It was slower going than Administrative Services Director Larry Binkley was hoping for, but it was progress nonetheless. "They had a really good payment history for the first 10, 11 months," said City Attorney George Kozeliski. Then things started to slow down. Since November, Gamerco residents have paid only $3,000 on their old debt. That still leaves $96,000, well over half the original amount.

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