Meriweather v U.S. Bank N.A.
U.S. Bank Allegedly Overcharged Delinquent Mortgage Borrowers
A class action has been filed against U.S. Bank and its Indiana collections attorney, Septtimous Taylor, by Indiana residents whose mortgage is held by U.S. Bank and who, at any time since October 10, 2001, were charged foreclosure fees and court costs although foreclosure actions had not been filed in court. Additionally, the action claims that Taylor violated the federal Fair Debt Collection Practices Act (FDCPA). The action seeks restitution and compensatory and statutory damages.
This action arises from U.S. Bank's alleged practice of charging illegal fees to consumers who are delinquent on their mortgages. In order for the borrower to return to good standing, the bank allegedly demands payment for overdue mortgage payments as well as various fees. Part of these fees was for court costs, foreclosure costs and attorney's fees. These fees, the action alleges, are charged despite the fact that actual foreclosure actions have not been filed in court, and at times when the mortgages are not even in default.
The action also alleges specific claims against the defendant Septtimous Taylor, who allegedly violated the Fair Debt Collections Practices Act in several ways.
