[Conspiracy Guy]

Identity theft is probably less than 5% of bankruptcy cases.

[GrandEagle]

Identity theft is probably less than 5% of bankruptcy cases.
True. If that even.
I'm just not very sympathetic the those guys.
I do agree that folks should be required to pay their debt, and that people should be responsible enough to look after themselves.
BUT, these guys will give a guy just out of college a $50,000.00 card and as long as the minimum payment is made, they will keep increasing the limit way past what could ever be paid back. This is long before kids are mature enough to learn how things really work.
I don't think that the law should be used to cover them for deliberately making bad loans.

Regards,
GE