Its Legal To Do Chargback Against Scumpay

Judge Nora Mallena minute order dated 27 March 2006.


Court Modifies Permanent Injunction: 12Daily Pro investors are not prohibited from exercising rights provided under credit card agreements with respect to charges directed to 12DailyPro. See paragraph 3(a).


WOW....What is means is that it is completely legal for exercise rights for chargeback....SCUMPAY is in BIG trouble..

What are u waiting for..>CHARGEBACK MAN....again...dont mentioned 12DP.

Wiredsurf

Hi friends,

Check out wiredsurf.com...its website is extremely cool and from the details, it seems to be that they are pretty serious to expand AS business...a breathe of fresh air...

Wiredsurf pays 8% over 16 days...egold & EMO...

80% back referal commision for life

Keep It Simple When Chargeback

Hi Pple,

Pls keep it simple when doing a chargeback. Dont go into grandmother story to explain everything...its not going to be helpful for CC bank...

Just say that you did not receive services rendered when Scumpay freeze acct, manipulated and reset to zero with informing u or any authorisation from you.

You have called them, email them with no response or standard response.

Attached BBB report, ABC4 news..that shld be sufficient....

The Plot Thickens

Charis speaks...12DP forum
Interesting...

We believe Mr. Minkow is in cahoots with StormPay.

Mr Minkow contacted our office a couple of weeks ago with the lie that he wanted information from us because someone had contacted him because they were intersted in joining our company.

He told me he simply wanted to assure these people that we were a real company.

However, this 'gentleman' contacted us through an attorney that only StormPay knew represented us.

The contact from Mr. Minkow also happened on the very day StormPay renegged on their deal to release our withdrawal to us and just a few hours beore our account was frozen.

This person lied, misrepresented himself and we believe he may have been an agent of StormPay due the very suspicious timing of the contact.

If he had been investigating us since December, why did he contact us on the day StormPay suspended our account and why did he contact us thru and attorney ONLY StormPay knew about?!



Barry Minkow is a San Diego private investigator who has helped
shut down several business scams totaling hundreds of millions of dollars.

The detective -- whose second job is preaching at an evangelical church -- has some unique insights into the criminal mind.

Minkow served several years in prison for running his own multi-million dollar fraud operation.

Mann : WOW...CHANNEL 8 shld use some of the happenings to create a new show, man...sure got many viewers...

Good Chance For Chargeback

Hi,

Found this information frm ftc website. It spelt out the type of dispute that can be protected under consumers law....though it might be useful..for all of us...

http://www.tax.state.ny.us/evta/guid...rgebacks_2.htm

Fair Credit Billing

Have you ever been billed for merchandise you returned or never received? Has your credit card company ever charged you twice for the same item or failed to credit a payment to your account? While frustrating, these errors can be corrected. It takes a little patience and knowledge of the dispute settlement procedures provided by the Fair Credit Billing Act (FCBA).

The law applies to "open end" credit accounts, such as credit cards, and revolving charge accounts - such as department store accounts. It does not cover installment contracts - loans or extensions of credit you repay on a fixed schedule. Consumers often buy cars, furniture and major appliances on an installment basis, and repay personal loans in installments as well.

What types of disputes are covered?

The FCBA settlement procedures apply only to disputes about "billing errors." For example:

*

unauthorized charges. Federal law limits your responsibility for unauthorized charges to $50;
*

charges that list the wrong date or amount;
*

charges for goods and services you didn't accept or weren't delivered as agreed;
*

math errors;
*

failure to post payments and other credits, such as returns;
*

failure to send bills to your current address - provided the creditor receives your change of address, in writing, at least 20 days before the billing period ends; and
*

charges for which you ask for an explanation or written proof of purchase along with a claimed error or request for clarification.

To take advantage of the law's consumer protections, you must:

*

write to the creditor at the address given for "billing inquiries," not the address for sending your payments, and include your name, address, account number and a description of the billing error.
*

send your letter so that it reaches the creditor within 60 days after the first bill containing the error was mailed to you.

Send your letter by certified mail, return receipt requested, so you have proof of what the creditor received. Include copies (not originals) of sales slips or other documents that support your position. Keep a copy of your dispute letter.

The creditor must acknowledge your complaint in writing within 30 days after receiving it, unless the problem has been resolved. The creditor must resolve the dispute within two billing cycles (but not more than 90 days) after receiving your letter.

Date
Your Name
Your Address
Your City, State, Zip Code
Your Account Number

Name of Creditor
Billing Inquiries
Address
City, State, Zip Code

Dear Sir or Madam:

I am writing to dispute a billing error in the amount of $______on my account. The amount is inaccurate because (describe the problem). I am requesting that the error be corrected, that any finance and other charges related to the disputed amount be credited as well, and that I receive an accurate statement.

Enclosed are copies of (use this sentence to describe any enclosed information, such as sales slips, payment records) supporting my position. Please investigate this matter and correct the billing error as soon as possible.

Sincerely,
Your name
Enclosures: (List what you are enclosing.)



What happens while my bill is in dispute?

You may withhold payment on the disputed amount (and related charges), during the investigation. You must pay any part of the bill not in question, including finance charges on the undisputed amount.

The creditor may not take any legal or other action to collect the disputed amount and related charges (including finance charges) during the investigation. While your account cannot be closed or restricted, the disputed amount may be applied against your credit limit.

Will my credit rating be affected?

The creditor may not threaten your credit rating or report you as delinquent while your bill is in dispute. However, the creditor may report that you are challenging your bill. In addition, the Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants who exercise their rights, in good faith, under the FCBA. Simply put, you cannot be denied credit simply because you've disputed a bill.

What if...

...the bill is incorrect?

If your bill contains an error, the creditor must explain to you - in writing - the corrections that will be made to your account. In addition to crediting your account, the creditor must remove all finance charges, late fees or other charges related to the error.

If the creditor determines that you owe a portion of the disputed amount, you must get a written explanation. You may request copies of documents proving you owe the money.

...the bill is correct?

If the creditor's investigation determines the bill is correct, you must be told promptly and in writing how much you owe and why. You may ask for copies of relevant documents. At this point, you'll owe the disputed amount, plus any finance charges that accumulated while the amount was in dispute. You also may have to pay the minimum amount you missed paying because of the dispute.

If you disagree with the results of the investigation, you may write to the creditor, but you must act within 10 days after receiving the explanation, and you may indicate that you refuse to pay the disputed amount. At this point, the creditor may begin collection procedures. However, if the creditor reports you to a credit bureau as delinquent, the report also must state that

you don't think you owe the money. The creditor must tell you who gets these reports.

...the creditor fails to follow the procedure?

Any creditor who fails to follow the settlement procedure may not collect the amount in dispute, or any related finance charges, up to $50, even if the bill turns out to be correct. For example, if a creditor acknowledges your complaint in 45 days - 15 days too late - or takes more than two billing cycles to resolve a dispute, the penalty applies. The penalty also applies if a creditor threatens to report - or improperly reports - your failure to pay to anyone during the dispute period.

An important caveat

Disputes about the quality of goods and services are not "billing errors," so the dispute procedure does not apply. However, if you buy unsatisfactory goods or services with a credit or charge card, you can take the same legal actions against the card issuer as you can take under state law against the seller.

To take advantage of this protection regarding the quality of goods or services, you must:

*

have made the purchase (it must be for more than $50) in your home state or within 100 miles of your current billing address;
*

make a good faith effort to resolve the dispute with the seller first.

The dollar and distance limitations don't apply if the seller also is the card issuer - or if a special business relationship exists between the seller and the card issuer.

Other billing rights

Businesses that offer "open end" credit also must:

*

give you a written notice when you open a new account - and at certain other times - that describes your right to dispute billing errors;
*

provide a statement for each billing period in which you owe - or they owe you - more than one dollar;
*

send your bill at least 14 days before the payment is due - if you have a period within which to pay the bill without incurring additional charges;
*

credit all payments to your account on the date they're received, unless no extra charges would result if they failed to do so. Creditors are permitted to set some reasonable rules for making payments, say setting a reasonable deadline for payment to be received to be credited on the same date; and
*

promptly credit or refund overpayments and other amounts owed to your account. This applies to instances where your account is owed more than one dollar. Your account must be credited promptly with the amount owed. If you prefer a refund, it must be sent within seven business days after the creditor receives your written request. The creditor must also make a good faith effort to refund a credit balance that has remained on your account for more than six months.

Suing the creditor

You can sue a creditor who violates the FCBA. If you win, you may be awarded damages, plus twice the amount of any finance charge - as long as it's between $100 and $1,000. The court also may order the creditor to pay your attorney's fees and costs.

If possible, hire a lawyer who is willing to accept the amount awarded to you by the court as the entire fee for representing you. Some lawyers may not take your case unless you agree to pay their fee - win or lose - or add to the court-awarded amount if they think it's too low.

Reporting FCBA violations

The Federal Trade Commission (FTC) enforces the FCBA for most creditors except banks. The FTC works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint or to get free information on consumer issues, call toll-free, 1-877-FTC-HELP (1-877-382-4357), or use the complaint form at www.ftc.gov. The FTC enters Internet, telemarketing, identity theft and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.