Foreclosure Defense Florida

Attorney General (wait for it…wait for it) Sues JPMorgan Chase For Illegal Debt Collection….(not Pam Bondi)

Quick, name one thing Florida’s Corporate-owned government has done to support consumers and voters?   Right….you can’t do it.   That’s because the express and stated function of Florida government is to support, protect and defend the corporations that fund those who are elected.
And so, while other states are actually taking some steps to enforce consumer protection laws against out of control corporations….this state is more than willing to continue looking the other way….
LOS ANGELES “” Attorney General Kamala D. Harris today filed an enforcement action against JPMorgan Chase & Co. (Chase) alleging that the bank engaged in fraudulent and unlawful debt-collection practices against tens of thousands of Californians.
The suit alleges that Chase engaged in widespread, illegal robo-signing, among other unlawful practices, to commit debt-collection abuses against approximately 100,000 California credit card borrowers over at least a three-year period.
” Chase abused the judicial process and engaged in serious misconduct against California credit card borrowers,” Attorney General Harris said. ” This enforcement action seeks to hold Chase accountable for systematically using illegal tactics to flood California’s courts with specious lawsuits against consumers. My office will demand a permanent halt to these practices and redress for borrowers who have been harmed.”
From January 2008 through April 2011, Chase filed thousands of debt collection lawsuits every month in the State of California. On one day alone, Chase filed 469 such lawsuits in California. The Attorney General’s complaint against Chase alleges that, to maintain this pace, Chase employed unlawful practices as shortcuts to obtain judgments against California consumers with speed and ease that could not have been possible if Chase had adhered to the minimum substantive and procedural protections required by law.
” At nearly every stage of the collection process, Defendants cut corners in the name of speed, cost savings, and their own convenience, providing only the thinnest veneer of legitimacy to their lawsuits,” the complaint states.

One Comment

  • Mark Grayson says:

    When are people going to wake up to the absurdity of all this and hold the banks accountable? It’s like a runaway train. The banks are the engineers and the lawmakers are in the broiler room throwing fuel on the fire.

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