A federal class action lawsuit alleging massive and systemic fraud on the part of JPMorgan Chase has the potential to send the entire nation’s bankruptcy system into a tailspin, according to legal experts. The lawsuit, filed in January, claims that the banking giant knowingly produced falsified documents during consumer bankruptcy proceedings to collect on debts that it otherwise should not have been able to collect. According to the complaint, the documents often represent that JPMorgan Chase is the rightful lender, …
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