Prisoners of Debt

sweeps · #1 (**permalink**) 11-02-2007, 03:16 PM

A fresh start with bankruptcy? Big lenders keep squeezing money out of consumers whose debts were canceled by the courts...

BusinessWeek article

PRICEPLUS · #2 (**permalink**) 11-02-2007, 04:23 PM

Why am I not surprised!

Pleasenodebt · #3 (**permalink**) 12-19-2007, 10:40 PM

Very very common tactics amongst banks. Even debt settlement companies report that their clients are seeing an increase in reports from consumers that the same creditors that are settling their debts with their debtors are offering new cards with a short term low interest rate to lure in the same person or persons that just went bankrupt.