Bank fees and debt collectors

A new industry is sprouting up in the CR to make money on the public outrage over bank fees. The leader in this new industry is BSP Lawyer Partners, whose Poplatkyzpět.cz promises to represent all willing clients in recovering unjustified fees. Its sales pitch on the power of attorney is the typical "you pay nothing," but the fine print states that you actually might have to pay Kč 400-800 in court fees per bank account. This omission from the power of attorney should raise a red flag about what BSP's real game is. Anyone considering signing on the dotted line should remember that BSP is primarily a debt-collection firm. As long as it uses its skills in this area to hound the banks, the client should be okay. But it would be in the nature of this particular company to somehow also use the misleading power of attorney to turn things around on the client and to make him the target of its debt-collection skills.