Post by Lorie Taylor on Nov 1, 2009 10:58:16 GMT -6
Drew Peterson Sues JPMorgan Chase Bank for Freezing Quarter-Million Home Equity Line
Hires nationally known attorney to gain access to the money that he says he needs to defend himself against murder charges.
(PRNewsChannel) / October 27, 2009 / Chicago, Ill. / Drew Peterson, charged with killing his third wife and accused in the disappearance of his fourth, has filed suit against JPMorgan Chase Bank (NYSE:JPM) claiming it illegally suspended his approximate quarter-million Home Equity Line of Credit or HELOC.
The suit alleges that the line of credit was issued in 2005 but was arbitrarily suspended after Peterson’s arrest in May, 2009 despite the fact he was an approved, qualified customer.
“Mr. Peterson is suing JPMorgan Chase to gain access to the money so he can defend himself against the first degree murder charge that he killed his late wife, Kathleen Savio, for which he is being held on a $20-million bond until trial,” says Joel Brodsky, Peterson’s lead criminal defense attorney.
Brodsky says Peterson has hired Walter Maksym, a nationally known, veteran attorney to file the suit against JPMorgan Chase Bank in U.S. District Court in Chicago.
“Everyone is entitled to use their property in order to maintain a defense against the might of the State, that we are taxed to sustain. Mr. Peterson should be able to use HIS OWN MONEY so that already overburdened and struggling taxpayers do not have to also pay for the enormous defense costs,” says Maksym. “We will hold Chase, the bank that is sitting on billions of our hard earned ‘bailout’ tax money, for refusing to honor and reneging on their commitment for the benefit of us all.
“I decided to take this highly controversial case because of the critical issues involved that are of public importance and to stop Chase from getting away with unconscionable conduct.”
Joel Brodsky and Walter Maksym are available for interviews. Please use the contact information below.
www.prnewschannel.com/pdf/PetersonvChaseCOMPLAINTEFILED10-26-09.pdf
www.prnewschannel.com/absolutenm/templates/?a=1758&z=4
Hires nationally known attorney to gain access to the money that he says he needs to defend himself against murder charges.
(PRNewsChannel) / October 27, 2009 / Chicago, Ill. / Drew Peterson, charged with killing his third wife and accused in the disappearance of his fourth, has filed suit against JPMorgan Chase Bank (NYSE:JPM) claiming it illegally suspended his approximate quarter-million Home Equity Line of Credit or HELOC.
The suit alleges that the line of credit was issued in 2005 but was arbitrarily suspended after Peterson’s arrest in May, 2009 despite the fact he was an approved, qualified customer.
“Mr. Peterson is suing JPMorgan Chase to gain access to the money so he can defend himself against the first degree murder charge that he killed his late wife, Kathleen Savio, for which he is being held on a $20-million bond until trial,” says Joel Brodsky, Peterson’s lead criminal defense attorney.
Brodsky says Peterson has hired Walter Maksym, a nationally known, veteran attorney to file the suit against JPMorgan Chase Bank in U.S. District Court in Chicago.
“Everyone is entitled to use their property in order to maintain a defense against the might of the State, that we are taxed to sustain. Mr. Peterson should be able to use HIS OWN MONEY so that already overburdened and struggling taxpayers do not have to also pay for the enormous defense costs,” says Maksym. “We will hold Chase, the bank that is sitting on billions of our hard earned ‘bailout’ tax money, for refusing to honor and reneging on their commitment for the benefit of us all.
“I decided to take this highly controversial case because of the critical issues involved that are of public importance and to stop Chase from getting away with unconscionable conduct.”
Joel Brodsky and Walter Maksym are available for interviews. Please use the contact information below.
www.prnewschannel.com/pdf/PetersonvChaseCOMPLAINTEFILED10-26-09.pdf
www.prnewschannel.com/absolutenm/templates/?a=1758&z=4
why killer murdered of Kathleen and Stacey An Cales Peterson