January 25, 2010
Don't Get Mad, Get Even
Posted by scott at January 25, 2010 01:21 PM
It's the kind of notoriety I wouldn't mind: "He was fast becoming one of the most hated debtors in Dallas, and part of an especially loathed minority of debtors in the country." The law is the law, people, and as long as the debtors are abiding and the collection agencies aren't, well, it stinks to be them, eh? World's smallest violin, etc.
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He's also a welcher. Completely defaulted on his loans and appears to be refusing to pay them back. I believe he was quoted as saying, "I pay my taxes, the banks got government money, so we're even." or something to that effect.
From what I can tell, we get to loathe everyone in this story.
I'm also questioning "the law is the law", as it looks like this guy is mostly employing loopholes and legal-misreading that the companies can't afford to fight. A decent lawyer could have a field day with stuff like "Will you garnish my wages?" "Yes" being interpreted as "a threat to garnish wages".
That's probably a good call. However, it sounds like he's just under the radar in terms of notice. Cheaper to pay him off for now.
The bigger deal that this douchehole is creating is that credit agencies will start to employ secondary companies to track folks like him. That means they'll end up having higher quality reps call folks like that.
To that I can only say kudos. More jobs and more deadbeats are forced to pay. He's actually hastening his own demise by advertising like this.