Certified Forensic Loan Auditors, LLC

  Upcoming Classes

Search CFLA's Article Archive:

Chase Bank Accused of Robo-Signing Credit Card Collections

lowcards.com | March 25, 2014

By Natalie Rutledge

Robo-signing exploded onto the news during the housing crisis when banks were accused of automatically signing default papers without properly reviewing them. Now, the robo-signing controversy is spilling over to another financial product--credit cards.

A consumer, Ruth Moya of Miami, Florida, is accusing J.P Morgan Chase of doing the same with credit card collections.

Moya fell behind on her credit card payments in 2008 when her husband's business started to fail. As a result of that, J.P. Morgan filed two collection lawsuits against her. While their reasons behind the charges may have been valid, Moya says that the employees responsible for filing the lawsuits did not review her case. They simply signed the documents in front of them, as they do with hundreds of papers a day.

Moya's lawsuit points to an office in San Antonio with roughly 10 Chase employees who are sent 50-100 collection actions per state per day. She says the employees sign through the affidavits to confirm they are accurate without actually reading them.

The lawsuit states "these affidavits were executed by Chase employees en masse, often thousands at a time, one-after-the-other, without the affiant reviewing or verifying the information attested to in the affidavits."

The Consumer Financial Protection Bureau is starting to take a closer look at the debt collection industry. Consumers are reporting that they are hounded for debts they do not owe or threatened with jail time for failure to pay on their personal debts. Undoubtedly, cases like this one will also play a role in their monitoring process for the future.


Back to March 2014 Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
BBB Logo


Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:


DVD Sets Only $99


FREE Mortgage Fraud Analysis


Order Cutting-Edge Services Now


Quiet Title Packages from Licensed Attorneys


Affiliate Services


CFLA Sponsored Attorney Links


Take-Home Education Package