A Judge’s Dismay

Jay Nixon, Judge Christopher McGraugh stumbled on the work bench with 25 years’ experience as legal counsel in civil and law that is criminal. But, he stated, “I was shocked” in the realm of business collection agencies.

Such as Burks’ situation, high-cost loan providers in Missouri regularly ask courts to control straight down judgments that enable loans to carry on growing during the original rate of interest. Initially, he declined, McGraugh said, because he feared that could doom debtors to years, if you don’t an eternity, of financial obligation.

“It’s actually an indentured servitude,” he said.

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