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JPMorgan, debt collector agree to $4.3 mln settlement
August 23, 2017 / 7:42 PM / 3 months ago

JPMorgan, debt collector agree to $4.3 mln settlement

JPMorgan Chase Bank and Dallas debt collector Real Time Resolutions have agreed to pay $4.3 million to resolve a proposed class action by homeowners alleging that the firms tried to collect mortgage debt that was not legally enforceable.

The settlement will reimburse thousands of California homeowners who received allegedly deceptive collection letters from Chase and Real Time Resolutions and hundreds who paid on debt that they allegedly had no legal obligation to pay.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2wFNbmk

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