World News Insights
1-3 Minute Gist

All Topics Article

Bank of America and JPMorgan Chase Agree to Erase Debts From Credit Reports After Bankruptcies

New York Times Original article ›

Keywords:


Change in faulty consumer credit reporting practices by banks following investigation by the Justice Department

05/07/2015

Lawsuits in Federal Bankruptcy Court in White Plains, NY, and investigation by the U.S. Justice Department leads to fair consumer reporting practices being reinstated by JP Morgan Chase, Bank of America, Citigroup and the former GE Capital. About 1 million Americans who went through bankruptcy wil now have their credit reports cleared about earlier debts.

Grouped Articles

Bank of America and JPMorgan Chase Agree to Erase Debts From Credit Reports After Bankruptcies

New York Times 05/07/2015


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us