AllGov - News - Capital One Accused of Illegally Suing Bankrupt Americans
Filing and completing bankruptcy proceedings is supposed to free consumers from paying any outstanding debt to credit card companies. But that hasn’t stopped Capital One, one of the leading credit card lenders, from going after bankrupt Americans.
More than 15,000 times, Capital One has taken individuals who have gone bankrupt to court in an effort to squeeze more money out of them. To do so knowingly is against the law. The company claims it just made a mistake…several thousand times.
Of the 15,500 people subjected to Capital One lawsuits, more than 800 of them have filed counter-suits to stop the company.
One bankruptcy judge, David Houston III in Aberdeen, Mississippi, plans to demand that representatives of Capital One appear before him in his court to explain its debt-collection practices. The judge previously rejected the company's request to throw out a lawsuit that alleged Capital One sought $43,396.59 that was legally erased in an earlier bankruptcy case filed by the same person.
I must go, visit to the capital one and complete all the written formalities before such thing happen to me.
ReplyDeleteI do not blame capital one AT ALL! I mean their CEOs NNNNEEEEEEEEEEDDD that new yacht like I need fresh air. How else are they going to fish for Marlin in style?
ReplyDeleteI love capital one's slogan "whats in your wallet"
because if you don't tell them they'll sue you to find out.
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