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HSBC and customer’s right to recind

The following information pertains to the right to recind an agreement between HSBC and a customer. It is quite lengthy, but very interesting. The information comes from the FTC and OCC, respectively, according to the submitter. Case law is included:

I. TILA & Res Judicata
(Analogous to Mr. Curtis xxxxxx , […]

HSBC’s Storehouse and Rowe File Bankruptcy

Household - HSBC Watch consumer advocates said for years that a combination of high HSBC interest rates, questionable payment processing and troubled merchants is a bad combination for customers and credit card holders.

Add Storehouse to HSBC’s list of merchants, also known as troubled companies that need every dime of ill-gotten gains ot stay in business. […]

Credit Card Issuers Want Newly Bankrupt

The new bankruptcy law requires debtors to come up with a payment plan to satisfy unsecured creditors like the card companies. So how do credit card issuers really look at the newly bankrupt? During a recent conference Capital One Vice President Mike Rowen checked off for his listeners the things that make the […]




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