Bankruptcy Boot Camp an Eye-Opening Experience
Last week, I attended Max Gardner's Bankruptcy Boot Camp in North Carolina. Max packed an incredible amount of information into those four days, and the whole experience was informative, educational, and interesting. And, of course, the opportunity to combine business with four days in the mountains doesn't come along every day. But for all the peaceful surroundings, interesting company and value-packed presentations, I came away from the boot camp a bit disturbed.
After 13 years as a consumer bankruptcy attorney, I'm certainly not naive about the practices of the lending industry. Even so, it was an eye-opening experience. The degree to which the banking industry is bleeding the average American through unnecessary and inflated fees, collection of discharged debts, and other unsavory practices is mind-boggling. And it isn't just our clients these banks are feeding off; you and I are paying these fees too. In many cases, we're even paying interest on them.
Between these trumped up fees and the collection of discharged and outdated debts, the banking industry is stealing billions of dollars from Americans every year, and most of us aren't even aware of it.
For more information, check out the most recent Bankruptcy Boot Camp Newsletter.
