Does anyone have experience with a broker that did a margin call and now says you owe them money. I told them it was their fault for not cutting the trade in time. They sent collections letters and were calling me a few times a day for the last 4 months. Now they stopped calling me and sent lawyers after me. I told the lawyers I would split the bill 50% with them and they told me - no way. I havn't checked my credit report, but can they mess up my credit without taking me to court? Will they take me to court for a $400 bill? The broker has really taken advantage of me with all the money I had in my account and now they want more.
Any advice would be appreciated.
DK
Any advice would be appreciated.
DK