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Wicked Exploitation
"Wicked Exploitation" sounds pretty cool. Like the name of a goth band or something.
Anyone care to try and explain what that term, along with "impaired consent" and "undue influence" mean? Are they directly interchangeable or just very similar?
Could any of these terms be used to sum up an equitable cause of action?
Specifically, with the way Student Loans are these days. The collectors go too far because of the power the student loan laws give them. So they end up charging interest on the flat collection costs, which isn't the way it's supposed to be, and somehow calculate the interest incorrectly as a whole, and the government or guarantors look the other way and force people to deal with the crooked collectors.
In such a case, could another cause of action be a breach of fidicuary duty by the guarantor? Or breach of trust, maybe?
A guy I used to work with quit and moved back home with his parents to make himself judgement proof and to avoid garnishment.
His 30K in student loans is now, somehow, 90K and he is going to take them on Pro Se and I'm going to help him. If he paid what they want him to pay, the guarantor would get back their 30K and 60K would go to the collectors as pure profit.
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