My mother stopped teaching after 29.5 years and had credit problems before she got her retirement money.
She was sued and has several judgements.
One local bank didn't add interest.
One emergency room who sued her didnt add interest.
However, Capital One sold her debt to Dominion Law who has added an astronomical amount of interest.
What was originally a $1,500 credit card:
They are still adding interest to and they are now sending her $8,000 bills.
How are they allowed to add this much interest?
I have a $5,000 credit card: if they continued to add interest like this it would become $40,000.
How could I ever repay it?
How is this fair?
To experience credit problems once and then the debt just mounts so theres no way it could be repaid.
BANK KNAB
ALIEN A LIEN