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Examples
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Mitch Granat , a lawyer who handles debt-collection cases for J.P. Morgan in Palm Beach County, Fla., on a contract basis, said he was told by other lawyers for the bank that the suits in Florida were dropped because of "irregularities" in paperwork used to verify the validity of the credit-card debt being pursued.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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WASHINGTON—The new consumer-finance agency outlined six areas that could be subject to its supervision, including debt-collection firms and prepaid-card companies, as it asked for public comment on which nonbank financial firms it should oversee.
Agency Outlines Role Deborah Solomon 2011
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Lawyers who represent credit-card borrowers sued by J.P. Morgan said they have never seen the bank throw out so many debt-collection lawsuits at once.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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At least for now, though, the borrowers won't be subject to one of the most effective debt-collection tools.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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Documents filed by J.P. Morgan as part of the debt-collection lawsuit included an affidavit signed by the attorney liaison, according to Virginia state-court records.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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J.P. Morgan Chase & Co. has abandoned more than a thousand debt-collection lawsuits across the U.S. that sought to recover soured credit-card loans from borrowers.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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Mandatory arbitration was thrown into disarray two years ago when big arbitration firms backed away from participating in consumer debt-collection disputes.
No Day in Court for Bank Clients Robin Sidel 2011
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Bank of America Corp., of Charlotte, N.C., eliminated mandatory arbitration from its consumer accounts in 2009 after the practice came under attack in debt-collection proceedings.
No Day in Court for Bank Clients Robin Sidel 2011
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Many lenders farm out debt-collection lawsuits to outside law firms.
Lender Drops Pursuit of Debt Jessica Silver-Greenberg 2011
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J.P. Morgan has abandoned more than a thousand debt-collection lawsuits that sought to recover soured credit-card loans from borrowers.
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