Legal Business Or Loan Sharks?

legal_extortion

A debtor’s prison sounds like something out of Victorian times, but even today, people can find themselves caught in financial circumstances that leave them in situations so dire they might as well be locked up. Legal loan sharks, hospitals that drive people into bankruptcy and banks that hold all the power over the customers to whom they’ve loaned money sound like the stuff of Victorian melodrama. We might expect to encounter such stories in the 19th century novels of Charles Dickens but not in modern times. However, the truth is that law firms, banks, and medical facilities all have used their position, their power and legal loopholes to go after the little guy time and again.

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