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Did you pay the bank back? What are banks recovering ?
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Author:  marigold [ Mon Mar 19, 2007 10:34 am ]
Post subject:  Did you pay the bank back? What are banks recovering ?

I was scammed in 2005. We paid the bank back $18K. I am wondering how many other victims have repaid the banks? Payment plan? I would think that some victims file bankruptcy or default? Does anyone know what the fallout of this has been like?

Author:  admin [ Mon Mar 19, 2007 12:06 pm ]
Post subject: 

Most victims do end up paying the banks. Some of the banks will even offer the victims a low interest loan so that they can pay them back over time . . . of course the bank then makes money off of the loan.

Some victims get lawyers and fight the banks, which usually ends in an out of court settlement.

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