HOA_CONNEDo
Nevada,#2Consumer Comment
Thu, June 28, 2012
My situation is similar to your complaint.
I am proceeding with a federal lawsuit against MIDLAND CREDIT MANAGEMENT and CHASE BANK, N.A. for conspiring to ILLEGALLY RE-AGE an old account - one that was about to "expire" per statute of limitations.
The reason I stopped payment on the card was because CHASE BANK wrongfully foreclosed on my home due to homeowner association embezzlement and fraud. CHASE BANK cut off its own nose to spite its face. The wrongful foreclosure by CHASE BANK resulted in loss of rental income which was the source to pay the CHASE credit card bill.
MIDLAND CREDIT MANAGEMENT has re-aged this account to be approximately three years "newer", thereby, in theory, indefinitely (infinitely) extending the statute of limitations. For this reason of indefinitely (infinitely) extending the statute of limitations, this practice is ILLEGAL and violates FDCPA and FCRA.
NONE OF THIS INFORMATION IS CONSTRUED AS LEGAL ADVICE.
Stacey
Dallas,#3Consumer Comment
Thu, November 08, 2007
The only person who wins in class action lawsuit is the attorney(s) Go to www.budhibbs.com He has good information about these bottom feeder collection agencies Good luck Stacey