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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (25298)3/10/2005 1:20:09 PM
From: redfish  Read Replies (1) of 116555
 
Imo the effect of the law will be for more people to let the cc companies get judgments against them and just live with the judgment.

I've known plenty of people who live "under the table" because they owe the IRS or another creditor .. getting a judgment against someone and collecting on the judgment are two very different matters.
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