Debt Elimination: Bank Of America And JP Morgan Chase News

from The Credit Pros Podcast · host The Credit Pros

Two major US banks, Bank of America and JP Morgan Chase, will eliminate void debts from credit reports, affecting nearly a million citizens. These debts were supposed to be cleared post-bankruptcy, but their presence impacted individuals' ability to obtain loans and employment. Lawsuits alleging violation of federal law prompted this change, as the banks were accused of using these debts as an aggressive collection tactic.

Episode metadata supplied by the publisher feed · Published Jul 25, 2025

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Debt Elimination: Bank Of America And JP Morgan Chase News

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