Five years ago, Bruce DeGroot was standing up for the little guy.
The Missouri House was debating a bill that would have made it easier for out-of-state third-party debt collectors to win default judgments against poor people. These are the companies that buy up old credit card debt for pennies on the dollar and then sue unsuspecting consumers under obscure names like Cavalry SPV I, LLC.
DeGroot, a Chesterfield lawyer, represented people who found themselves on the other side of these lawsuits. He knew that the debt collectors bought up huge swaths of such debts after credit car…
Read the full article at: http://www.stltoday.com/news/local/columns/tony-messenger/messenger-missouri-lawmaker-switches-teams-files-bill-to-help-debt/article_e9b41a91-51af-594d-ac47-aaf7802d004a.html