In Dora Byrd’s case, MSD went after her bank account. She’d been living primarily off of a monthly $600 Social Security check. It’s illegal for federal benefits to be garnished, but at the time, she had both a checking and a savings account, and only the money electronically deposited into her checking account was automatically protected. As a result, MSD was able to seize $645 from her savings account, more than a third of the money in her accounts, according to bank records…
Even if Turner had appeared, it’s unclear that it would have done her any good. With an attorney, however, she might have gotten the case dismissed. That’s because the statute of limitations on Turner’s loan under Missouri law was four years, a period that had long expired by 2013…
painkills2 5 hours ago
How long does it take ProPublica to approve a moderated comment? Oh, just forget it, I’ll post it on my blog.
painkills2 13 hours ago Pending
So, debt buyers don’t know the race of their customers? Can’t ascertain race by any of the information in the file? Like where they live? Or from a credit report? These places don’t use data brokers? Well, when you work for debt buyers, I guess lying just comes naturally. And shame never enters into it.
It should be illegal to file a lawsuit after the statute of limitations has passed. None of the lawyers who I’ve worked for would do that — it’s unethical and should be considered malpractice. Where is the State Bar? I guess State Bars don’t want to lose any of their membership fees. And I guess there are plenty of lawyers who don’t know what shame is either.
The lawyers that work for these creditors know that the debtors don’t have the legal know-how to defend themselves. Easy pickings. Of course, everyone knows that the legal system only benefits the rich, while screwing the poor. When my long term disability insurance company (Unum) terminated my benefits after 7 years, I needed an ERISA lawyer, but it’s not like I’ll ever have access to one.
Perhaps corporations (and universities, etc.) should divest from these types of creditors, just like they’re divesting from the oil and gas industry. Or maybe that would be impossible, seeing how most of these creditors are funded by Big Banks.