Banks feasting on bankrupt customers

For those who underestimate the power of the banking lobby as financial "reform" weaves its way through Washington, one need only look back five years ago to see how influential banks are at pressing their agenda.



Helped by the 2005 bankruptcy law, banks pushed consumers into too much credit, collected fees along the way and then went after them for defaulting.

http://articles.moneycentral.msn.com/Banking/BankruptcyGuide/banks-feasting-on-bankrupt-customers.aspx