Talk of The Villages Florida - View Single Post - Senior citizens owe $18 billion in student loans
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Old 09-11-2014, 11:19 AM
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Taltarzac725 Taltarzac725 is offline
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Quote:
Originally Posted by graciegirl View Post
When you don't pay a bill, it is the same as stealing.
That is a little simplistic approach. There are people who get into various problems for whatever reason who cannot pay some of their bills. I remember representing a man who defrauded a bunch of friends of their life savings. This was while I was a Student Attorney. They sued, the Yale educated lawyer from one of the biggest firms in the Twin Cities pitched a very clever argument, and the people got nothing. I cannot go into the details even if I actually remembered them because of lawyer/client confidentiality.

My role was just to listen to the Yale lawyer argue as his client had been the employer of my client the released prisoner.

Basically these people just trusted the wrong friend. I will bet there are other stories like this of people making bad choices often because they lacked the education or contacts to make better choices.