Showing posts with label Bankers are forgiven their dishonesty. Show all posts
Showing posts with label Bankers are forgiven their dishonesty. Show all posts

Monday, December 26, 2011

WHY ABSOLUTION FOR BANKERS WHO HAD MORE GREED THAN COMMON-SENSE?



A personal bankruptcy is supposed to cut borrowers loose from lenders and debt collectors, but Capital One Financial Corp.—one of the nation’s largest credit-card issuers—sometimes doesn’t want to let go.
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It wasn’t the first time the company went after its customers for debts that had been snuffed out in bankruptcy, even though the practice is illegal. A court-appointed auditor concluded earlier this year that Capital One pursued 15,500 “erroneous claims” seeking money previously erased by a bankruptcy-court judge.