JPMorgan Chase said it was not acquiring any senior unsecured debt, subordinated debt, and preferred stock of WaMu’s banks, or any assets or liabilities of the holding company, Washington Mutual Inc. JPMorgan also said it will not take on the lawsuits facing the holding company.
Now, if there is no signed credit card agreement between me and I also loss stock in WM, can I dispute my credit card debt? The conundrum is WAMU screwed up my account and gave me a card over the phone based on an equity loan that had been closed for over a year. When they found out the mistake, they demanded payment in full. I disputed and questioned them to simply transfer to a new account and send me a credit card agreement at the same interest rate. They refused and rather then work to resolve the issue, they threatened me with fraud.
I had to retain a criminal attorney which cost nearly 10K to prove the error on their part, which they eventually admitted to. But, the stress was so much that I had a heart attack and was hospitalized. So we where in the process of filing a lawsuite against WAMU for what happened and what I have suffered as they refuse to remove the dispute from my credit report.
Since then I had to retain a credit attorney (who is off today – but I did leave his personnel a voice mail ) and I want to know if whoever holds the new debt, if they can’t prove the debt was agreed upon or there was no valid contract, can they defend the debt and if so, can I then take the legal action against them for what I suffered?
You question is unclear, but any loss you suffer investing in WAMU stock is a completely separate issue from a credit card dispute.
You question is unclear, but any loss you suffer investing in WAMU stock is a completely separate issue from a credit card dispute.
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