|by Connie Brooks|
One of our readers, Jen, left this comment:
Please do let us know what happened with the lawyer – there are thousands of people whose credit scores are now worthless because of the reduced credit limits combined with their equally frustrating practice of ‘chasing the balance’. A class-action lawsuit would be music to many, many ears.
Hi Jen, thanks for your comment. I wanted to give an update because many of our readers are in the same situation with their credit card companies. About a week ago, I posted an ad on HARO – which is short for Help A Reporter Out. Basically it’s a daily newsletter where journalists can post requests for expert sources.
I requested the help of a lawyer who specialized in class action lawsuits against major corporations, with the intention of doing an interview, and hopefully having that lawyer, plus any of our readers who are involved, be the ones to actually get a class action lawsuit started.
I had such an overwhelming response from so many qualified lawyers and firms thats it’s taken me quite a bit of time to weed through them all! I am happy to say that I am in the process of doing interviews with two different law firms – both of which have handled, and won, several major class action lawsuits in the past.
The results of the interviews, plus the lawyer’s bios, backgrounds and case histories will be up on this site immediately after the holidays. Since the firms I am interviewing are not being paid for their interviews, I am pretty much at their mercy as far as timing.
I do apologize for the delay – I know many of you out there are interested in this! I want to be as thorough as possible, and set everyone up with a quality law firm that is willing to answer questions and handle the case.
Very Important –
As I am doing these interviews, I would really like your input. Do you have any questions? Let me know, and I will pass them on. You can ask a question or express your interest in the case directly by leaving a comment below!