Yes but they are protected by limited liability. Legal (criminal) enforcement of debt is a slippery slope and one that I do not support. If a corporation defaul

Yes but they are protected by limited liability. Legal (criminal) enforcement of debt is a slippery slope and one that I do not support. If a corporation defaults on debt they are protected under limited liability. In this case an individual is not. It not only gives corporations and unfair advantage, but it is very prone to abuse of the system. As evident in the article publicly funded resources are being used to secure private funds. I don't want my money being used to pay Vinny "the cop" enforcer to shake people down. The fact of the matter is don't give credit to people who have no credit worthiness. The knew the risk, jacked up the cost of credit for those individuals based on it and now they want to enforce payment from an individual that they knew where high risk in the first place. If they can extort payment, then they should have given then the cheapest credit available given that they are guaranteed to recoup their money. This stinks of predatory practices and the whole lot of them should be strung up in the street. Credit ratings exist for a reason, and if these companies willfully ignore those ratings then F* them. OK now I am worked up.