Police have arrested two more people over an attempt to place a homemade explosive device outside the Paris headquarters of Bank of America, the French domestic security service said Sunday. One suspect was arrested on Saturday morning while attempting to place the device around 3:30 a.m. The Bank of America headquarters is near the Champs-Élysées, … Read more
Bank of America has agreed to pay $72.5 million to survivors of Jeffrey Epstein’s sex-trafficking operation who allege the bank enabled and profited from his crimes. The lawsuit, filed last year, alleges that the nation’s second-largest bank provided banking services to Epstein and his sex-trafficking operation, along with accounts used by victims and associates — … Read more
French police stopped an apparent bomb attack outside a Bank of America building in Paris early Saturday, sources told the Agence France-Presse. A man was arrested as he was about to set off a homemade explosive device. Police grabbed the man just after he placed a device, made of nine pints of liquid, believed to … Read more
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein, according to court documents filed Friday. The lawsuit was filed last October in New York federal court on behalf of alleged victims of Epstein. It claims … Read more
The rules around disability income and bank levies are more complicated than many people realize. Dragon Claws/Getty Images Rising credit card balances and climbing delinquency rates have had a big impact on the collections environment recently. With average credit card rates still hovering above 21% and household debt sitting at record levels, more borrowers are … Read more
All it takes is an unpaid debt and a judgment to trigger a bank levy, but you still have rights during this process. Pla2na/Getty Images Falling behind on your debt payments is stressful enough, but the credit damage and late fees that can come with it are hardly the only repercussions you may face. In … Read more
Not all debts can lead to a bank levy, and not every missed payment puts your account at risk. Seksan Mongkhonkhamsao/Getty Images Debt has become harder for the average borrower to manage over the last year, even as inflation has cooled from its recent highs and interest rates have started to ease. Part of the … Read more
One of the most serious potential debt lawsuit outcomes is a frozen bank account, but there are limitations to this tactic. Aldo Ottaviani – Italy/Getty Images Dealing with old, unpaid debt isn’t just expensive; it can also be surprisingly frustrating. After all, when it comes to aging debt, the timelines for what can happen (and … Read more
GENEVA — The U.N. human rights chief’s office expressed concerns about possible “ethnic cleansing” in a new report on Tuesday, saying that Israel has accelerated the expansion of settlements in large parts of the occupied West Bank and the forced displacement of more than 36,000 Palestinians. The report from the office of Volker Türk, the … Read more
A bank levy can happen quickly once a creditor obtains a court judgment, but it may not end as fast as you’d hope. Chee Siong Teh/Getty Images Right now, borrowers are navigating a complicated economic landscape. Not only are credit card interest rates still sitting near record highs, but rising inflation is keeping everyday costs … Read more