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View Diary: Dunning Our Troops (113 comments)

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    some courts and some small creditors unfamiliar with the act, but major banks (like Citigroup) ARE familiar with the Act.  I recently had a client who had discharged in bankruptcy loans from KeyBank.  Yet, KeyBank was still debiting from his checking account interest on the discharged loans.  HELLO?? They knew the loans had been discharged. It took three letters from me (the last being a threatened motion for contempt, to be served on their local branch naming their local Vice-President, time to be served in the local pokey, with the bankruptcy judge in full agreement) to get them to STOP.  Even their local COUNSEL could not get them to STOP.  The national headquarters just ignored us.

    National banks, like Wells Fargo, know about the law, they just don't CARE.  You not only have to get a court order, you have to get a judge willing to enforce it by throwing someone in JAIL and get media attention before they will stop.  I was utterly astounded.  So was the judge.

    I feel very sorry for reservists and active duty personnel who are not aware of their rights and are getting screwed royally, especially by the big banks who know better, but figure it's up to the servicepeople to raise the defense.  Hey, if they don't raise it, it's found money to the banks.  I know there's a special circle in hell for these people.

    We do not rent rooms to Republicans.

    by Mary Julia on Mon Mar 28, 2005 at 09:58:49 AM PST

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