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New Evidence May Indicate that Bank of America Lives in An Alternate Universe

by | Apr 2, 2012 | Debt Collectors

Yes, it seems to be true.  Recently, Bank of America discovered that its records were faulty and, as a result, did not feel comfortable collecting from some of its customers . Now, in any real world scenario, a company with faulty records would get to the bottom of it and fix the problem, wherever it existed, in order to best serve its customers.  But, in Bizarro-Banko World, the customer is just not that important.  In Bizarro-Banko world, as the link below reports, Bank of America sells these accounts for a fraction of the face amount to a debt buyer who will harass and dun Bank of America’s customers for amounts that they may not even owe.  Seriously.  I cannot make this stuff up.

https://www.collectionscreditrisk.com/news/bank-america-sold-debts-despite-faulty-records-3010179-1.html

 

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Kevin Fallon McCarthy

Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.