Comments on: Lawsuits Against Creditors Reach Record Levels http://www.creditinfocenter.com/wordpress/2009/08/19/lawsuits-against-creditors-reach-record-levelsy/ For the Up To Date News Tue, 07 Feb 2012 22:26:40 +0000 hourly 1 http://wordpress.org/?v= By: Tony Brown http://www.creditinfocenter.com/wordpress/2009/08/19/lawsuits-against-creditors-reach-record-levelsy/comment-page-1/#comment-2851 Tony Brown Thu, 24 Sep 2009 00:49:54 +0000 http://www.creditinfocenter.com/wordpress/?p=3138#comment-2851 I don't know If I said it already but ...Excellent site, keep up the good work. I read a lot of blogs on a daily basis and for the most part, people lack substance but, I just wanted to make a quick comment to say I'm glad I found your blog. Thanks, :) A definite great read..Tony Brown I don’t know If I said it already but …Excellent site, keep up the good work. I read a lot of blogs on a daily basis and for the most part, people lack substance but, I just wanted to make a quick comment to say I’m glad I found your blog. Thanks, :)

A definite great read..Tony Brown

]]> By: Kelly http://www.creditinfocenter.com/wordpress/2009/08/19/lawsuits-against-creditors-reach-record-levelsy/comment-page-1/#comment-2565 Kelly Thu, 20 Aug 2009 09:12:35 +0000 http://www.creditinfocenter.com/wordpress/?p=3138#comment-2565 Capital One violated Texas law and that of the Federal reserve bank. I wrote a check for $18,000 from my home equity line of credit to pay off their loan, and they miscoded $1,800 when they submitted the check (under state laws they could not cash it for less than $4,000) - now both USAA and the Federal reserve verify they submitted the full $18,000 to Capital One yet Capital One still wants to claim I owe them $16,200 (plus interest of course) - meanwhile I'm now in debt to USAA for the $18,000 they claim was paid. Now instead of having closed the account suddenly Capital One has ballooned my debt $16,200!!! Can you recommend an attorney in TX? Capital One is fully aware they violated the law in cashing the check for less than $4K for two reasons - first, the law is stated on the front of the check that Capital One submitted and stamped, and second, Capital One sells home equity lines of credit in TX as one of their products so they are required by law to know the laws of the state. In short they are saying they still don't have enough proof that they received the money even though USAA sent them a copy of the cancelled check that they honored in the full amount, so they can fraudulently make interest off both the money they are sitting on from USAA, and continuing to try to charge me interest, in addition to trying to get paid TWICE for the remaining $16,200! Its beyond suing - I want them arrested. Capital One violated Texas law and that of the Federal reserve bank. I wrote a check for $18,000 from my home equity line of credit to pay off their loan, and they miscoded $1,800 when they submitted the check (under state laws they could not cash it for less than $4,000) – now both USAA and the Federal reserve verify they submitted the full $18,000 to Capital One yet Capital One still wants to claim I owe them $16,200 (plus interest of course) – meanwhile I’m now in debt to USAA for the $18,000 they claim was paid. Now instead of having closed the account suddenly Capital One has ballooned my debt $16,200!!! Can you recommend an attorney in TX?

Capital One is fully aware they violated the law in cashing the check for less than $4K for two reasons – first, the law is stated on the front of the check that Capital One submitted and stamped, and second, Capital One sells home equity lines of credit in TX as one of their products so they are required by law to know the laws of the state. In short they are saying they still don’t have enough proof that they received the money even though USAA sent them a copy of the cancelled check that they honored in the full amount, so they can fraudulently make interest off both the money they are sitting on from USAA, and continuing to try to charge me interest, in addition to trying to get paid TWICE for the remaining $16,200! Its beyond suing – I want them arrested.

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