Washington Complaint regarding Action by Bank to Recover on Note After Application of Security Proceeds

State:
Multi-State
Control #:
US-CMP-10075
Format:
Word
Instant download

Description

This form is a Complaint concerning a promissory note. The complaint provides that the maker was unable to pay the balance due on a loan advanced by the lender. Lenders now demand judgment against the defendants as guarantors of the loan received by the maker.
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FAQ

File a complaint online. Contact the Division of Banks by calling (360) 902-8704 or 1-877-RING DFI (1-877-746-4334).

Where can I complain if I have a problem with my Bank? You can raise your grievance on the Digital Complaint Management System (CMS) Portal: .

You may also file a complaint via the FDIC's FDIC Information and Support Center. State your inquiry or complaint, making certain to include the name and street address of the bank. Provide a brief description of your complaint. Enclose copies of related documentation.

The CFPB's Requirements The CFPB has created a database so that consumers can file a complaint with the bureau directly and know that something will be done. Financial institutions, both banks and non-banks, are required to comply with the regulations of the CFPB, including those for customer complaint handling.

The bank or building society has up to eight weeks to deal with your complaint. you must complain to FOS within six months of getting your bank or building society's final response to your complaint or from the end of the eight week period if they haven't responded.

If you can't find information about the company's complaints process, ask them to send it to you. Follow each stage of the complaints process. The bank or building society must investigate your complaint and give you a clear answer within eight weeks.

The company will communicate with you as needed and respond to the issues in your complaint. Companies generally respond in 15 days. In some cases, the company will let you know their response is in progress and provide a final response in 60 days.

There is a system in Indian banking to get your problem resolved by contacting authorities in procedure. First approach to concerned bank, then Director of Public Grievances, Govt of India, then Ombudsman (RBI) and finally consumer forum.

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Washington Complaint regarding Action by Bank to Recover on Note After Application of Security Proceeds