As recently reported in this New York Times article, the attorney general of the State of California recently sued JP Morgan Chase for its shoddy practices in suing consumers on their credit card debt.  Many of the same shady tactics found at the root of the foreclosure crisis are being discovered in thousands of credit card collection cases filed by Chase.  Further, the Office of the Comptroller of Currency is reportedly investigating Chase over the way it collects credit card debt.

Although many times banks such as Chase are unable to produce the documents required to prove indebtedness of the consumer, they often flout the legal process and use hastily created summaries to file their suits.  The vast majority of such suits result in default judgments when consumers are unable to afford representation, unsure of how to handle the lawsuit, or unclear on the legal procedures necessary to defend against such a case.

If you have received a complaint for collection on a credit card debt and are unsure what to do, please contact us to set up a free consultation.