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Credit cards and bankruptcy

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Hardly a day goes by that I don't receive multiple credit card offers in the mail. It's always from the same gang of goons trying to rope me in with some enticing offer. 0% APR until hell freezes over, free balance transfers, use the money for home improvement, new car, vacation, college bills, or maybe a bet with your local bookie.

As if that's not enough, my own credit card company has been sending me a stream of blank checks with the bold font on the envelope screaming "LAST CHANCE". So far I've had 20 last chances and I'm sure many more last chances are to come. And yes, I have written them letters asking them to stop the soliciting to no avail. They really should start using other urgent scam lines. How about "final chance", "drop-dead chance", or "ultimate chance", or "really last chance, or not"?

The recent bankruptcy laws, thanks to the almighty credit card lobby, has made it ever harder to slip away from these loan sharks. Poor babies. Let me take a moment to cry for their plight. They throw a mountain of money at us, and when we can't pay back their racket, they are the victims.

Instead of the putting the law on their side, how about protecting the consumer? How about taking away their right to collect, if they solicit the same person more than 5 times, or 10 times, or how about 50 times? But no, that would be unfair to them, wouldn't it?

Now if you excuse me, I have a stack of offers to rip up and throw in the trash. The next thing you know, they'd be charging us for filling our mailboxes with their junk.

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