Check out details of Lovdal Class Action Settlement to find out your benefits for improper affidavits on foreclosure at LovdalClassActionSettlement.com.
Lovdal v. JPMorgan Chase Bank class action is near to be resolved. JP Morgan Chase Bank NA has come across the lawsuit due to providing improper affidavits for foreclosure proceedings. Find out all important details about the Lovdal Class Action Settlement below.
As per the claims of class members, affidavits filed by Chase in various federal courts were allegedly signed by Chase employees. The employees of Chase home finance lack of “full personal knowledge of the information stated in those affidavits, including information indicating the borrower's’ indebtedness to Chase.” Plaintiffs also said that Chase Bank’s procedure for notarizing those affidavits is improper.
By providing those improper affidavits to several courts, company has violated several federal and state laws. Other allegations against Chase consist of common law fraud, breach of contract under the implied covenant of good faith and fair dealing, and violation of Ohio Revised Code by engaging in corrupt activity.
In the Lovdal Class Action Settlement class members will not receive any cash refund, but they will get following benefits:
Claims Administrator:
Lovdal v. JPMorgan Chase Bank, N.A.
Settlement Administrator
P.O. Box 43313
Providence, RI 02940-3313
1-888-348-7646
Final hearing of lawsuit: January 7, 2015
Last date to object settlement: December 15, 2014
Class Counsel:
GARY F. FRANKE CO. LPA
EWING & WILLIS PLLC
WRIGHT & SCHULTE
Defense Counsel:
MORGAN, LEWIS & BOCKIUS
Lovdal v. JPMorgan Chase Bank class action is near to be resolved. JP Morgan Chase Bank NA has come across the lawsuit due to providing improper affidavits for foreclosure proceedings. Find out all important details about the Lovdal Class Action Settlement below.
As per the claims of class members, affidavits filed by Chase in various federal courts were allegedly signed by Chase employees. The employees of Chase home finance lack of “full personal knowledge of the information stated in those affidavits, including information indicating the borrower's’ indebtedness to Chase.” Plaintiffs also said that Chase Bank’s procedure for notarizing those affidavits is improper.
By providing those improper affidavits to several courts, company has violated several federal and state laws. Other allegations against Chase consist of common law fraud, breach of contract under the implied covenant of good faith and fair dealing, and violation of Ohio Revised Code by engaging in corrupt activity.
In the Lovdal Class Action Settlement class members will not receive any cash refund, but they will get following benefits:
- No collection by Chase for any foreclosure deficiency judgment: Debt of class members is not going to sold to a third party debt collection and Chase will not ask to collect any money.
- No ability setoff by Chase: Chase home finance has also agreed to not ask for any money from class members to be subtracted from any damages amount.
- No collection by Chase of court and other costs
Highlights of Lovdal v. JPMorgan Chase Bank class action:
Official site of class action settlement: lovdalclassactionsettlement.comClaims Administrator:
Lovdal v. JPMorgan Chase Bank, N.A.
Settlement Administrator
P.O. Box 43313
Providence, RI 02940-3313
1-888-348-7646
Final hearing of lawsuit: January 7, 2015
Last date to object settlement: December 15, 2014
Class Counsel:
GARY F. FRANKE CO. LPA
EWING & WILLIS PLLC
WRIGHT & SCHULTE
Defense Counsel:
MORGAN, LEWIS & BOCKIUS
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