revolt

California Woman Launches Debtors’ Revolt

by Russell A. DeMott, Charleston Bankruptcy Lawyer

Drunk from the billions in federal bailout milk, Bank of America decided to raise Red Bluff, California resident Ann Minch’s credit card interest rate to over 23%.  Bank of America’s move was both bizarre and self-destructive. Bizarre because Minch, though recently laid off, had continued to make the required payments to the bank, at times [...]