Feds Investigating Banks for Debt Collection Abuse

Feds Investigating Banks for Debt Collection Abuse

The Office of the Comptroller of the Currency will investigate banks for filing hundreds of thousands of abusive debt collection lawsuits. In many cases, debt buyers use shoddy records or flimsy affidavits in support of these lawsuits. According to the Washington Post, a probe of JPMorgan Chase that started in 2011 will be expanded to […]