Capital One Financial said more customers are having trouble paying their bills
Well ... DUH!
Quit sending everyone with an address a 'Your Pre Approved for a $10,000 Credit Card' junk mail packet every other day.
I get so ticked with these asshats and the cr@p they keep sending, I told the wife I should take them up on their offer. Then max out the card in a couple days and then tell them to screw off, I'm declaring Bankruptcy.
So Capitol One, what's in your wallet?
They deserve everything they get. Or more accurately -- don't get :-)
You can't. They spent tens of millions in bribes Lobbying fees and political donations to change the law. Well, it was not their money that was spent, it was the payers of 30% default rates who did.
Read 11 U.S.C. Section 707 first, Condor. It deals with fraud and abuse in bankruptcy. Ten thousand bucks today is not worth the vacation in federal lockup, the fines, and the restitution tomorrow.