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January 19, 2011

PRESS RELEASE: CAPITAL ONE BANK WILL REFUND MORE THAN $2 MILLION IN MONIES IMPROPERLY COLLECTED FROM CONSUMERS IN BANKRUPTCY

"The U.S. Trustee Program (USTP) announced today that Capital One Bank (USA: 5.07, -0.04, -0.69%) N.A. will refund approximately $2.35 million to consumers in bankruptcy, or their bankruptcy estates, for amounts received by Capital One as a result of erroneous claims it filed in bankruptcy cases for debts that previously had been discharged. Capital One also will reimburse attorneys' fees and costs to consumers and bankruptcy trustees who filed legal objections to Capital One's erroneous claims."

Read the article here.

January 19, 2011 in Current Affairs | Permalink

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