CHASE BANK - THIEVES
Nov. 10th, 2010 07:16 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
fanciful_museI am adding my voice to the countless thousands with similar stories concerning Chase Bank.
Over two years ago I opened a credit card with Washington Mutual. They kept escalating the payments and interest to the point where I had no choice but to walk away from it. They were not willing to work out a deal.
In the meantime, JP Morgan Chase bought Washington Mutual, including all accounts.
Earlier this year, I was served with court papers alleging that Chase Bank was suing me for the unpaid balance on a credit card. The papers did not specify that it was a WAMU credit card, nor did it list the correct amount (they included interest and fees, which is illegal). I formally challenged the suit with a certified, return receipt letter sent to the lawyers representing the case. In that letter, I clearly stated that I have never had a credit card with Chase and that I wished to see the supporting paperwork claiming I had, since none was included in the suit papers.
I eventually got the return receipt but I got no acknowledgement to my requests within the letter.
Tonight, Michael was working on finances and transferred money from our joint checking to our joint savings. A little while later he checked to make sure he had, and the money was gone.
Just. Gone. No reason.
He called Chase, who claimed that they took the money from the joint savings account because of a judgment against me for a credit card.
We had no advance warning of this, nor did they notify us afterwards. We found out by looking in the account.
They broke no less than 3 federal laws that clearly state that SSDI, SSI, and VA disability cannot be garnished for such debts, and it's clear from our deposit history that these sources are our sole income.
They took money from a joint account, which means they took money from Michael, and he is not a party in the debt collection.
The suit was lawfully challenged and the challenge was ignored. I was never sent the paperwork I requested, which would've shown any sort of legal paper trail back to the actual credit card they were trying to collect.
Neither of us signed anything which permitted them wholesale access to our funds in this way, and they cannot prove that we did. Our accounts were "bought" with Washington Mutual and they are the bank we had an agreement with.
Over two years ago I opened a credit card with Washington Mutual. They kept escalating the payments and interest to the point where I had no choice but to walk away from it. They were not willing to work out a deal.
In the meantime, JP Morgan Chase bought Washington Mutual, including all accounts.
Earlier this year, I was served with court papers alleging that Chase Bank was suing me for the unpaid balance on a credit card. The papers did not specify that it was a WAMU credit card, nor did it list the correct amount (they included interest and fees, which is illegal). I formally challenged the suit with a certified, return receipt letter sent to the lawyers representing the case. In that letter, I clearly stated that I have never had a credit card with Chase and that I wished to see the supporting paperwork claiming I had, since none was included in the suit papers.
I eventually got the return receipt but I got no acknowledgement to my requests within the letter.
Tonight, Michael was working on finances and transferred money from our joint checking to our joint savings. A little while later he checked to make sure he had, and the money was gone.
Just. Gone. No reason.
He called Chase, who claimed that they took the money from the joint savings account because of a judgment against me for a credit card.
We had no advance warning of this, nor did they notify us afterwards. We found out by looking in the account.
They broke no less than 3 federal laws that clearly state that SSDI, SSI, and VA disability cannot be garnished for such debts, and it's clear from our deposit history that these sources are our sole income.
They took money from a joint account, which means they took money from Michael, and he is not a party in the debt collection.
The suit was lawfully challenged and the challenge was ignored. I was never sent the paperwork I requested, which would've shown any sort of legal paper trail back to the actual credit card they were trying to collect.
Neither of us signed anything which permitted them wholesale access to our funds in this way, and they cannot prove that we did. Our accounts were "bought" with Washington Mutual and they are the bank we had an agreement with.
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no subject
Date: 11/11/10 03:42 am (UTC)Don't you know?
Date: 11/11/10 04:08 am (UTC)Rules are for little people.
=/
Re: Don't you know?
Date: 11/11/10 05:45 am (UTC)no subject
Date: 11/11/10 08:53 am (UTC)I used to think I was being paranoid. I do not usually consider myself to be prescient, but now my paranoia now seems more like my caution was being nudged by warnings from the future.
I can say that I am very happy I do not have any installment loans, mortgages, or car payments. Speaking from experience, having no credit can be a real pain in the butt, but having any sort of credit or $$ in the bank these days could well turn into a financial disaster! — unless one can afford a very good lawyer and can collect lots and lots of damages.
I was sent to your post by way of nebris. I re-posted it into my LJ. If you do not like that, I will kill the post.
Some people yammer on about how welfare supports crooks and thieves. Corporate welfare assists banks to do their thievery. We need the Rico Act! We need corporate officers doing many year sentences in Federal Penitentiaries! We need to end the corporate bribing of government officials!
no subject
Date: 11/11/10 10:48 am (UTC)L
no subject
Date: 11/11/10 10:55 am (UTC)no subject
Date: 11/11/10 11:47 am (UTC)no subject
Date: 11/11/10 04:47 pm (UTC)no subject
Date: 11/11/10 05:13 pm (UTC)I imagine your lawyers feel you have a good case because that is just inexcusable.
I am so sorry this happened to you both.
=(
no subject
Date: 11/11/10 10:28 pm (UTC)That really sucks. I can't believe they really have the nerve to do this. OTOH, they are doing this to people they know can't afford a lawyer.
They know you are too poor to fight back. That's the real problem here.