JPMorgan, Bank of America Forgive Debts that No Longer Exist; Wonderful News! But For Whom?
September 30, 2012Spread the love
Today, the New York Times notes Banks Forgive Debt That Isn’t There . GREETINGS, unhappy homeowners! Here’s some wonderful news: “We are canceling the remaining amount you owe Chase!†says a letter that JPMorgan Chase sent recently to thousands of home loan borrowers. “You are approved for a full principal forgiveness of your Home Equity Account,†says another, from Bank of America
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JPMorgan, Bank of America Forgive Debts that No Longer Exist; Wonderful News! But For Whom?
