[TheForge] reversal of fortunes in a blink of an eye

[Chuck Robinson]

It evidently doesn't stop local vendors from taking you to court.
You will probably win the case, if you can prove the charges are false, but 
at the very least you will be out the time and cost of your defense.
Chuck


>I thought Federal law limited exposure to $50 if a credit card # was
> stolen....
>
> -----Original Message-----
> From: theforge-bounces at mailman.qth.net
> [mailto:theforge-bounces at mailman.qth.net] On Behalf Of
> Grover.Richardson at gtri.gatech.edu
> Sent: Thursday, May 28, 2009 8:24 AM
> To: terrylr at blauedonau.com; theforge at mailman.qth.net
> Subject: Re: [TheForge] reversal of fortunes in a blink of an eye
>
> The real problem is that it is more cost effective for the credit card
> companies to pretty much ignore the problem, deal with it when it occurs,
> and ask card owners to take on additional debt/insurance for safety.  We
> sued one fella.  It cost more to sue (kept changing jobs he did ) than it
> was worth in total, so the insurance company just finally said no more. 
> So
> the bottom line is that until someone writes a law that a person will be
> charged for the cost of the crime, AND the cost of his capture, and 
> possibly
> the legal bills, this will not change.
>
> Why are there speed traps on certain parts of the expressway?  Because 
> they
> expect to catch speeders who can actually afford to pay the fines.  There 
> is
> no positive aspect of fining someone who can't afford to pay.  It costs 
> the
> system too much.
>
> Similar thing, I called on the sister's boyfriend.  He amassed over 80k in
> debt in the year that he was with her (as well as sucking her dry).  When 
> I
> called one of the companies that he owed it to, they said that if he is
> locked up, he can't pay.  So their only effort was to send additional
> dunning letters.
>
> Good luck.
>
> All the best.
>
> -----Original Message-----
> From: theforge-bounces at mailman.qth.net
> [mailto:theforge-bounces at mailman.qth.net] On Behalf Of terry l. ridder
> Sent: Wednesday, May 27, 2009 10:36 PM
> To: theforge e-mail list
> Subject: [TheForge] reversal of fortunes in a blink of an eye
>
> hello;
>
> given the current thread concerning identity theft and credit reports it
> is important to remember that even if you do everything correctly, have
> a great credit score and all that can change in a blink of an eye if you
> are involved in an accident that is not even your fault.
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