Mississippi EFTA/FCBA Litigation Lawyer

EFTA/FCBA Litigation Attorney in Mississippi

For most people, using debit cards, credit cards, and Automated Clearing House (ACH) transfers is quickly becoming the norm. We have come to trust this way of doing business in part because of the Electronic Funds Transfer Act (EFTA) and Fair Credit Billing Act (FCBA).

Electronic Funds Transfer Act (EFTA) and Fair Credit Billing Act (FCBA) Claims

The EFTA and FCBA require banks and other companies to obtain approval from you before debiting or crediting your accounts. When approval is not obtained, consumers may be entitled to compensation. Chhabra, Gibbs & Gustavis, P.A., has a proven track record of success with litigation and will dedicate ourselves to your case. If you believe you were subject to undisclosed or unauthorized bank fees at an ATM or if your privacy was invaded after a transfer of electronic funds – clear violations of the EFTA and FCBA – Chhabra, Gibbs & Gustavis, P.A., will work to protect your rights.

Your response to an undisclosed or unauthorized fee levied by a bank during an ATM transaction can be part of and an inspiration for a class action lawsuit that sends a strong message.  You may be able to recover bank fees and attorney fees with a lawsuit against a bank or a chain of banks. A class action by defrauded customers can be settled for damages amounting to 1% of a bank’s net worth.

Sometimes, lenders such as payday loan companies set up conditions for granting credit. While lenders may be allowed to set up certain conditions, they are not allowed to require a preauthorized electronic funds transfer as a condition of approval. If a lender required you to sign an ACH preauthorization before extending credit to you, you may have a claim for violation of the EFTA and FCBA.

When violations occur under the EFTA and FCBA, we can assist with your statutory, actual, and punitive damages. Contact Chhabra, Gibbs & Gustavis, P.A., today for your EFTA litigation needs. There is no fee to discuss.