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Consumer Law
: CL&P BlogTimes Reports on Credit Card Suits, Modification of Mortgages, Evictions in Chicago and More
By Jeff Sovern
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Yesterday's Times included "When Plastic Seduces, A Reckoning Awaits," about cases in the New York City Civil Court against consumers on credit cards. An excerpt:As the final stop on the subprime lending train, the Civil Court has become the 21st-century debtors? court. Filings have nearly tripled since 2000. Of these, court officials project that about 350,000 this year will involve debt on credit cards. * * *
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[The article then describes how Juan Vega, a security guard read more
Full post as published by CL&P Blog on October 12, 2008 (boomark / email).
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