A recent column in the Legal Section of the Thompson Reuters News and Insight website reported a multi-state investigation by a group of state attorneys general of the too-big-to-fail banks, Bank of America, JPMorgan Chase, Citigroup and Wells Fargo, as to whether they helped junk debt buyers pursue faulty judgments against consumers with defaulted credit card debt.
According the column,
“At issue is whether weak record-keeping by banks or a failure to pass accurate information to collecti...
Mortgage \"Robo-Signing\" vs Lack of \"Proof\" in Credit Card Debt Lawsuits
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