The state of California has filed a lawsuit against JPMorgan Chase alleging that they filed tens of thousands of lawsuits to collect credit card debt in violation of debt collection laws. Here is a link to read more about it. http://dealbook.nytimes.com/2013/05/09/california-sues-jpmorgan-chase-over-credit-card-cases/
The question arises why they would file thousand of lawsuits without all their documents and violating debt collection laws? The answer is simple: most consumers don’t know their rights and 99% of defendants don’t bother talking with an attorney when they get sued. Since few people challenge the lawsuits, it’s worth while to lose and possibly get sued on a few and still win the rest of the lawsuits.
If you receive a Miami Credit Card Lawsuit or a Broward Credit Card Lawsuit, call for a free consultation at (786) 529-2176. My office is open late and on the weekends to better serve you. Don’t let the big banks trample your rights!