A lawsuit filed by a Cape Coral, FL woman against Bank of America’s hired debt collectors has received it’s first victory – the judge ruled that she can seek punitive damages. Punitive damages are damages the court can award to serve as a punishment and as an example to others for evil, malicious, or particularly fraudulent acts. What did these hired guns do that was so bad? Continually harass a poor widow for her last $2,000 in order to pay her recently deceased husband’s $16,000 credit card bills. To top it off, she may not have legally been liable to pay for it at all. But that doesn’t stop the debt collectors from asking for your last dime!
January 3, 2012