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NEWS ABOUT: debtor

Debtor’s Prison Makes Its Ugly Return

Government 'shakes down' citizens for collectors

(Newser) - Strongly worded letters and menacing phone calls aren't enough, it seems, to whip America's debtors into shape. Instead, the country's collection industry is turning to civil courts, using taxpayer money and government resources to pursue "low level deadbeats," finds Reason . The process pits debtors against a system that... More »

Another BofA Debtor Revolts, Threatens to Sue

Why'd you cut my limit while paying out bonuses, he wonders

(Newser) - A California lawyer inspired by the rumblings of debtor revolt last year informed Bank of America he won't be making his credit card payments until the bank lowers his rate—and if they try any funny business, he’ll sue. Ben Pavone requested that his limit be raised in October.... More »

BofA Cardholder Rips 'Thieving Bastards'

Foe of 'usury and plunder' won't pay 'til CEO watches video

(Newser) - A California woman who says she kept paying her credit card bill even after she lost her job has had enough: She's pledging not to pay down her Bank of America account until the creditor lowers her interest rate, the Huffington Post reports.. It’s “the proverbial first... More »

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