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FIA Card Services, N. A., 562 U.S. 61 (2011), is a decision by the Supreme Court of the United States involving the means test in Chapter 13 of the United States Bankruptcy Code. The means test had been adopted by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, and Ransom is one of several cases in which the Supreme Court ...
The acquisition of MBNA provided Bank of America a leading domestic and foreign credit card issuer. The combined Bank of America Card Services organization, including the former MBNA, had more than 40 million U.S. accounts and nearly $140 billion in outstanding balances. Under Bank of America, the operation was renamed FIA Card Services.
On October 20, 2006, Bank of America, National Association (USA), a subsidiary of Bank of America Corporation, merged with and into FIA. [10] This purchase was a reunion of sorts. In 1993, NationsBank (formerly NCNB, and originally North Carolina National Bank) bought MNC Financial (whose credit card division was spun off years earlier to ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market ...
COMPLETE, SIGN, AND RETURN THIS LEGAL DISPUTE FORM AND EXPECT TO HEAR BACK FROM US WITHIN 60 DAYS OF RECEIPT OF COMPLETED FORM. MAIL the form to Oath Inc., Dept. 5771, PO BOX 65101, Sterling, VA, 20165-8806. You may receive a call from an Oath Legal Representative at the phone number below to discuss your dispute.
Dealing with red light camera tickets can feel like navigating a legal minefield. The key is to know your rights, stand firm and don't let anyone pressure you into admitting guilt or identifying ...
FIA Card Services, was in a statutory interpretation case. The issue was what income a debtor could shield from creditors in bankruptcy. [ 112 ] In an 8–1 decision, Kagan's opinion for the majority held that the Chapter 13 Bankruptcy statute prevents a debtor from taking an allowance for car-related expenses where the debtor owns the car ...
Read more: 6 tips to avoid credit card fraud and scams A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington.