Discover Card Threatening Legal Action7 min read
On March 2, 2017, it was reported that Discover Card was threatening legal action against several small businesses for using the word “Discover” on their websites and marketing materials.
According to the National Advertising Division (NAD), Discover Card sent letters to several businesses, including a pizza restaurant in upstate New York and a car rental company in Florida, demanding that they stop using the word “Discover” in their branding. The letters warned that legal action would be taken if the businesses did not comply.
In a statement, Discover Card said that it “has a long-standing policy of vigorously protecting its trademark rights,” and that the letters were sent in an effort to “protect consumers from being confused or misled.”
The businesses that received the letters argue that they are in no way trying to infringe on Discover Card’s trademark, and that they are simply using the word “Discover” because it is a common word that is associated with their businesses.
The National Advertising Division is currently investigating the matter.
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What do I do if my Discover card sues me?
What do I do if my Discover card sues me?
If you find yourself in a situation where your Discover card is suing you, the best thing to do is to consult with an experienced credit card attorney. He or she will be able to help you understand the lawsuit and what your options are.
Generally, if you are being sued by a credit card company, there are two things you can do:
1. Try to negotiate a settlement with the credit card company.
2. File for bankruptcy.
If you are unable to negotiate a settlement or file for bankruptcy, the credit card company may win the lawsuit and you could be ordered to pay damages. This could include a monetary judgment, as well as interest and attorney’s fees.
Can a credit card company take legal action against you?
A credit card company can take legal action against you for a number of reasons, including but not limited to:
-Failing to make payments
-Making late payments
-Charging more than the credit limit
-Making fraudulent purchases
If you are contacted by a credit card company regarding legal action, it is important to seek legal advice immediately. The consequences of legal action can be serious, including wage garnishment, asset seizure, and even jail time.
How likely is it for a credit card company to sue you?
If you’re behind on your credit card payments, you may be worried about a lawsuit from your credit card company. How likely is it that they will actually sue you?
It depends on the credit card company and on your specific situation. Some credit card companies are very aggressive in pursuing legal action against delinquent borrowers, while others are more likely to work with borrowers to come to a payment arrangement.
If you are more than 90 days behind on your payments, your credit card company may be more likely to sue you. They may also sue you if you have a high balance or if you have been delinquent on payments in the past.
If you are being sued by your credit card company, you should contact an attorney. An attorney can help you understand the legal process and may be able to negotiate a settlement with the credit card company.
Why is Discover Bank suing?
Discover Bank is suing JPMorgan Chase for $18 million, alleging that the bank wrongfully charged overdraft fees on more than 1.2 million transactions.
The lawsuit, filed in U.S. District Court in Delaware, alleges that JPMorgan Chase charged overdraft fees on transactions even when there were enough funds in the customer’s account to cover the purchase.
“This case is about one thing – JPMorgan Chase’s illegal and fraudulent scheme to overcharge Discover’s customers millions of dollars in overdraft fees,” said David Noll, executive vice president and general counsel at Discover.
“JPMorgan Chase engaged in a willful and knowing scheme to cheat its customers by charging them overdraft fees on transactions when it knew that the customers had sufficient funds in their accounts to cover the purchase,” Noll added.
In a statement, JPMorgan Chase denied the allegations and said it would “vigorously defend itself.”
“The claims made against JPMorgan Chase are completely without merit,” the bank said. “We will vigorously defend ourselves against these false allegations.”
This is not the first time that JPMorgan Chase has been accused of overcharging customers for overdraft fees. In 2010, the bank agreed to pay $110 million to settle a class-action lawsuit over the issue.
Will Discover card actually sue you?
The short answer is yes, Discover may sue you if you do not pay your credit card bill.
The long answer is a bit more complicated. Discover may sue you if you do not pay your credit card bill, but the company may also choose to work with you to create a payment plan or to lower your interest rate.
If you are unable to pay your Discover card bill, it is important to contact the company as soon as possible. This will allow you to explore your options and may help you avoid legal action.
Can you go to jail for credit card debt?
Can you go to jail for credit card debt?
It’s a question that’s been asked for years, and unfortunately, there’s no definitive answer. The short answer is that it’s possible, but it’s unlikely. The long answer is a bit more complicated.
In most cases, creditors can’t send you to jail for unpaid debt. However, there are a few exceptions. For example, if you live in a state with a wage garnishment law, your creditor may be able to garnish your wages to collect on the debt. If you don’t have a job, they may be able to get a judgment against you and have you arrested.
Another exception is if you owe back taxes. The IRS can actually send you to jail for unpaid taxes.
So, can you go to jail for credit card debt? It’s possible, but it’s unlikely. If you’re worried about it, you should contact your creditor and try to work out a payment plan.
How do I respond to a credit card lawsuit?
Do you know what to do if you get served with a credit card lawsuit? If not, don’t worry – we’re here to help. In this article, we’ll explain what you need to do if you’re sued for credit card debt.
If you’re sued for credit card debt, the first thing you need to do is determine whether the lawsuit is valid. Not all lawsuits are valid, and some are filed by debt collectors simply to scare you into paying. So, before you do anything else, you need to take some time to review the facts of your case.
If you believe that the lawsuit is valid, you need to take action right away. You have two options: you can either file a response to the lawsuit or you can file for bankruptcy.
Filing a response to the lawsuit is the most common option. This is a formal document that you file with the court, and it outlines your case and why you believe the lawsuit should be dismissed. You’ll need to file this response within a certain amount of time, so be sure to consult with an attorney to make sure you’re doing it correctly.
Filing for bankruptcy is also an option, but it should be a last resort. Bankruptcy will wipe out your debt and allow you to start over, but it will also have a negative impact on your credit score. So, before you make any decisions, be sure to speak with an attorney to learn more about your options.
If you’re sued for credit card debt, the most important thing is to take action right away. Don’t wait to see what happens – the sooner you take action, the better your chances of winning your case.
