Who is a Class Member
Class members of the Chase Bank Credit Card Debt Settlement include “all individuals (i) who maintained a Credit Card Account with CBUSA; (ii) whose account CBUSA charged off and then sold to a Debt Buyer on or after January 1, 2008, and (iii) who post-sale sought and obtained a discharge of the debt as a result of his/her bankruptcy under Chapter 7 of the Bankruptcy Code, through August 4, 2019.
If you don’t qualify for this settlement, check out our database of other class action settlementsyou may be eligible for.
- Full Refund + Pro Rata Share of Settlement Funds
If you made a payment on your sold CBUSA credit card account after you received a Chapter 7 bankruptcy discharge, you may be entitled to a full refund of that amount. In addition, all Class Members, whether or not they paid on a discharged account, may be entitled to receive an equal portion of the remaining Settlement Fund.
Proof of Purchase
- In order to file a Reimbursement Claim, you must be able to provide documentation confirming the amount of those payments, such as cancelled checks, account statements, or similar proof.
Chase Bank Credit Card Debt Settlement Notes
- Rusty Haynes v. Chase Bank USA, N.A.
- Case No. 18 CV 3307 (VB)
- Pending in the U.S. District Court for the Southern District of New York
Plaintiff Rusty Haynes brought this consolidated complaint to challenge Chase Bank’s alleged illegal practice of selling and attempting to collect discharged debts. Additionally, the complaint claims that Chase Bank failed to update and correct credit information to credit reporting agencies to show that consumers’ debts are no longer due and owing because they have been discharged in bankruptcy.
Specifically, Haynes alleges that despite the fact that Chase Bank has received notice of the discharge of a consumer’s credit card debt Chase deliberately fails to notify credit reporting agencies that credit card debts are no longer “charged off” or currently still due and owing because they have been discharged in bankruptcy.
“As result of Chase’s refusal to make such updates to credit reporting agencies, debts that have been discharged in bankruptcy are listed on Class Members’ credit reports as “past due” and/or “charged off.”
Chase Bank denies that it attempted to collect discharged debts or otherwise violated bankruptcy discharge injunctions but agreed to settle the case to the tune of $11.5 million. Complete details are provided in the Settlement Agreement. The Settlement Agreement and other related documents are available on the Chase Bank Credit Card Debt Settlement website.
Class members who wish to opt out or object to the terms of the Chase Bank Credit Card Debt Settlement must do so by August 18, 2019. Class members who wish to participate in the settlement must submit a Claim Form by August 18, 2019.
- 7/18/18: Claim Form Deadline
- 7/18/18: Objection or Exclusion Deadline
- 8/20/18: Final Hearing at 2:00 pm ET* (class members do not need to attend this hearing in order to receive a slice of the settlement pie).
- Mail: Haynes v. Chase Settlement Administrator, c/o Rust Consulting Inc. – 6032, PO Box 44, Minneapolis, MN 55440-0044
- Phone: 1-877-896-6933