Let’s say a drug you were taking caused a certain type of problem. A serious-looking man appears on TV says that, if you took it, you may be entitled to some money. An 800-number appears and you’re told to call today. Do you call? If you do, what comes next?
First, what is a class action suit? A group of people – the “class” – have the same or similar claims of loss, damage or harm from using a service (like ...
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For the last 16 months the major mortgage servicers and the Attorney Generals for all 50 states have been in some form of negotiations regaring a settlemnt of of the mortgage servicer filing false documents with courts arround the country. Last night an announcement was made that a deal had been reached. At this time it appears that each instance of robosigning has been valued at $2000.
At present it appears taht this settlement is limited to robosigning and does not ...
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Last week the Federal Trade Comission announced that Asset Acceptance, a debt collection entity, had agreed to pay a civil penalty of $2.5 Million for its attempt to collect debts that are barred by the statute of limitations. In Kentucky if you have a debt, that is not is writing the a lawsuit to collect the debt must occur within 5 years. Debts that are written, like a contract or a mortgage, have a statute of limitations of 15 years.
The practice ...
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A story first reported on lawyers.com details a just filled class action against JP Morgan Chase for allegedly filing false documents with Bankruptcy Courts arround the country. This case, filed in California, calls into question the documentation attached proofs of claim, motions for relief from stay and other Motions filed in Bankruptcy cases under Chapter 7, 11, and 13.
The story by Keith Ecker was published on yesterday and is available by clicking here. For More information on Continue Reading →
Kentucky Justice Association
National Bankruptcy Forum
National Organization of Social Security Claimants' Representatives