Chase, Debt Collectors Hit With False Debt Class Action

Law360, New York (February 1, 2013, 1:28 PM EST) -- JPMorgan Chase & Co., a law firm and a debt collection agency were hit Tuesday with a proposed class action in New York federal court accusing them of running a scheme to force consumers to pay off credit card debts they didn't actually owe.

According to plaintiff Johanna N. Sierra's complaint, Chase, debt collector NCO Group Inc. — owned by a Chase investment arm — and law firm Bickerstaff Heath Delgado & Acosta LLP had engaged in a "criminal[ly]" unfair and deceptive debt collection scheme, collaborating...
To view the full article, register now.