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And banks wonder why they have a bad reputation?

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tawadi Donating Member (631 posts) Send PM | Profile | Ignore Thu Sep-01-11 08:48 PM
Original message
And banks wonder why they have a bad reputation?
Good grief!


Debt after death: Banks chase down mourners

By Blake Ellis September 1, 2011: 2:36 PM ET

NEW YORK (CNNMoney) -- Nobody wants to remember a deceased family member by the debt they left behind, but many creditors certainly make it difficult to forget.

Denise Townley was appalled when she received a letter from her mother's credit card issuer less than two weeks after her mother passed away.

"We have recently learned that , a valued Discover Card customer, has passed away. Please accept our sincere apologies," stated the letter from Discover, which Townley sent to CNNMoney.

http://money.cnn.com/2011/09/01/pf/debt_death/index.htm?hpt=hp_c2
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-11 09:01 PM
Response to Original message
1. I wonder if they have a robocall script for that
it would save them a ton of money on postage
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-11 09:05 PM
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2. Are people now trying to claim that someone's estate is not liable for debts?

WTF?
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tawadi Donating Member (631 posts) Send PM | Profile | Ignore Thu Sep-01-11 09:15 PM
Response to Reply #2
3. No
What they are pointing out, in the article, are the vile tactics used.
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