The Credit Card Lawsuit

If you have been pursued by JPMorgan Chase or any debt collector, you really need to read this lawsuit.

The thing that is so gross is that while Jamie Dimon is busy whacking tennis balls in his living room, more attorney generals are not suing him and his company.  They cannot of course….they will not, because the too big to fail institutions are in too deep with their government partners in crimes.

Many of the problems that beset the foreclosure process and prompted a multibillion dollar settlement with
the nation’s largest banks – a lack of regard for accuracy and reliance on erroneous documents
and incomplete records – also tainted Chase’s consumer credit card collections practices.

Chase’s misconduct in collections litigation also severely undermined the
reliability and fairness of the legal system in Mississippi and the integrity of the Mississippi

Chase’s misconduct in collections violated public policy and was unethical and

On information and belief, the unfair and deceptive practices identified herein
with respect to Chase’s consumer credit card services and collection practices also infected its
auto lending and student lending services and collection practices.

As a result, Chase knowingly and willfully made false and misleading demands for debt, filed
complaints in collections litigation that were unverified and lacked evidence, and sold debt for
collection that was unreliable and undocumented.

A clear and consistent picture has emerged
of a collections process riddled with errors, misconduct, and misrepresentations at every stage –
from initial telephone calls and demand letters to consumers, to arbitration and litigation, to the
sale of debt to third parties for additional collection or litigation.

In its collections
litigation, Chase and its aptly dubbed “outhouse” law firm did not file any evidence, relying
instead on “Requests for Admissions.” The law firm was a debt mill- churning out lawsuits
without even reviewing papers before they were filed in order to obtain default judgments,
knowing that consumers were unlikely to show up to contest the alleged debt and dropping cases
that were contested. On information and belief, Chase and its law firm would falsely declare
under penalty of perjury that the consumer was not in the military service. Chase’s arbitration
firm, Mann Bracken – called “Mann Broken” by Chase employees – had significant problems,
not the least of which was that it could not keep track of payments, which meant that Chase
targeted customers for collections who had already paid. Chase’s oversight of its outside firms
was abysmal


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