Class Action Lawsuit against ChexSystems
Date: 10/30/09
According to Attorney Lee Sherman of Callahan, Thompson, Sherman & Caudill LLP, ChexSystems is in violation of the Fair Credit Reporting Act (FCRA). The class action lawsuit alleges that ChexSystems is refusing or failing to add consumer dispute statements to the reports.
Currently, the lawsuit is in the information gathering stage.
If you believe you could be a part of the class action or would like to contribute vital information, contact Attorney Lee Sherman at (949) 261-2872 or e-mail him at lsherman@ctsclaw.com.
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About a month ago I opened a new business checking account. I deposited about $700.00 and ordered new checks (cost about $50). I had gone out to buy gas and found that the debit card to the account had been cancelled. There was about $600 dollars in the account. The next day I called the bank and they said they were going to close the account because my former bank had reported me to chexsystems. I explained that I had disagreed with overdraft fees at the former bank. I know feel I have in effect been black listed because of a disagreement with another bank. Now I have no way of accepting checks. which is integral to running my wholesale craft business, something that I have been doing for the last 22 years. I live in the mountains in western NC there are no jobs and without being able to have a checking account I have no idea how I will be able to effectively run my business. Do I have any rights in this matter after all I am now invested in this bank and have attached payments to this account.