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dixiegrrrrl

(60,010 posts)
Sat Mar 17, 2012, 04:07 PM Mar 2012

Robo-signing in credit card debt, too!!!!

JPMorgan Chase & Co. took procedural shortcuts and used faulty account records in suing tens of thousands of delinquent credit card borrowers for at least two years, current and former employees say.

"We did not verify a single one" of the affidavits attesting to the amounts Chase was seeking to collect, says Howard Hardin, who oversaw a team handling tens of thousands of Chase debt files in San Antonio. "We were told [by superiors] 'We're in a hurry. Go ahead and sign them.'"

Lovely.

http://www.americanbanker.com/issues/177_49/chase-credit-cards-collections-occ-probe-linda-almonte-1047437-1.html


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Robo-signing in credit card debt, too!!!! (Original Post) dixiegrrrrl Mar 2012 OP
It's better to know a judge than know the law. russspeakeasy Mar 2012 #1
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