Comments on: Jungle Tactics Wins The Day With Bank of America Revolt http://fresno-bankruptcy-lawfirm.com/blog/jungle-tactics-wins-the-day-with-bank-of-america-revolt/ Thu, 11 Feb 2010 05:41:28 +0000 hourly 1 http://wordpress.org/?v=3.1 By: JDResquire http://fresno-bankruptcy-lawfirm.com/blog/jungle-tactics-wins-the-day-with-bank-of-america-revolt/comment-page-1/#comment-60 JDResquire Sat, 03 Oct 2009 20:16:32 +0000 http://fresno-bankruptcy-lawfirm.com/blog/?p=340#comment-60 Hi Paula: Thanks for your comment. The logical part of my lawyer brain agrees with you that this lady "should" or "could" have handled this dispute differently. But, in my bankruptcy practice, I've seen the frustration and disgust with the tactics of unreponsive credit card companies and banks. They are at wits end. More often than not, they ONLY begin thinking about filing bankruptcy after they reach a point of total defeat and frustration. They tell me that they have "tried to do the right thing" but can get nowhere with their lenders. Was this lady's tactic effective? Yes. Did this tactic hurt her credit rating? Probably. Can she declare victory over B of A? Absolutely! As they say in in that particular credit card company's TV advertisement: "Priceless." The story continues. Jeff Hi Paula: Thanks for your comment. The logical part of my lawyer brain agrees with you that this lady “should” or “could” have handled this dispute differently. But, in my bankruptcy practice, I’ve seen the frustration and disgust with the tactics of unreponsive credit card companies and banks. They are at wits end. More often than not, they ONLY begin thinking about filing bankruptcy after they reach a point of total defeat and frustration. They tell me that they have “tried to do the right thing” but can get nowhere with their lenders. Was this lady’s tactic effective? Yes. Did this tactic hurt her credit rating? Probably. Can she declare victory over B of A? Absolutely! As they say in in that particular credit card company’s TV advertisement: “Priceless.” The story continues.

Jeff

]]> By: Paula at CreditLaw.com http://fresno-bankruptcy-lawfirm.com/blog/jungle-tactics-wins-the-day-with-bank-of-america-revolt/comment-page-1/#comment-58 Paula at CreditLaw.com Wed, 30 Sep 2009 00:56:55 +0000 http://fresno-bankruptcy-lawfirm.com/blog/?p=340#comment-58 I've followed this story and I think that this woman has made a number of bad decisions. First, she was spending beyond her means. Second, she was continually carrying a balance. Third (and perhaps the worst decision of all) she decided to sacrifice her financial future for some mythical cause. Frankly, I don't think that she understands that consequences of her actions. Recently, CreditLaw.com posted a response to Ann's original video which you may find interesting. It offers several suggestions that may be a bit more helpful to most people in a similar situation. For anyone interested, it can be found here: http://www.creditlaw.com/blog/index.php/the-debtors-revolution/ I’ve followed this story and I think that this woman has made a number of bad decisions. First, she was spending beyond her means. Second, she was continually carrying a balance. Third (and perhaps the worst decision of all) she decided to sacrifice her financial future for some mythical cause. Frankly, I don’t think that she understands that consequences of her actions.

Recently, CreditLaw.com posted a response to Ann’s original video which you may find interesting. It offers several suggestions that may be a bit more helpful to most people in a similar situation.

For anyone interested, it can be found here:
http://www.creditlaw.com/blog/index.php/the-debtors-revolution/

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