julia
ironton,#2Consumer Comment
Tue, July 30, 2002
You are correct in the aspect that banks cannot try to collect and any disputed charge or charges on your bill. Provided the charges were sustained by the merchant and you filled your claim before 60 days from initial charge. You also are not responsible for any finance charges or over the limit fees caused by the amount in dispute. But if you have an outstanding balance you are still required to make payments on the account until either: A. The bank finds in your favor. B. The merchant credits the charge. C. You pay for the charge anyway. Make sure when you mail back your dispute you call the bank to ensure the forms were received(you know how the mail runs). If the bank calls and tries to collect on any disputed amount they are in VIOLATION of the fair debt and credit act and report it at once to your state attorney generals office. I hope this helps.