Until recently lawyers for victims of credit damage had little
possibility to collect for damages beyond medical treatment, lost
wages and property loss. Insurance companies threw up their hands in
sympathy, claiming victims can only be compensated for what can be
measured — tangible goods and services. But, what happens when the
victim has lost considerable time from work, the family bank is
broke and monthly payments on mortgages, car loans and credit cards
payments are missed? Regardless of the haggling between lawyers and
insurance companies, it’s the credit victim who ends up having to
live with a bad credit rating.
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