Consumer complaint received 2025-07-19 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Closing your account — Company closed your account
Company: JPMORGAN CHASE & CO.
State: NC

Complaint narrative:
JPMorgan Chase Bank, N.A., d.b.a. Chase Card Member Services have committed sustained commercial dishonor, fiduciary breach, willful conversion of instruments, and constructive fraud concerning two commercial credit accounts lawfully administered by the XXXX XXXX XXXX XXXX XXXX a perfected private foreign estate formed in Maryland and recorded in XXXX XXXX, North Carolina, operating under secured status via [ UCC-1 Financing Statement ] and [ Declaration of Trust Collateral ]. [ Uniform Commercial Code Secured Transactions ] [ Private Trust Law Jurisdiction and Standing ] [ Constructive Trust Principles Law of Equity ] [ Restatement ( Third ) of Trusts 2, 78 ] [ Federal Deposit Insurance Act 12 U.S.C. 1828 ( x ) ] This filing is not made in the capacity of a consumer grievance nor as a plea for assistance. It is a formal legal and commercial declaration placed into the regulatory record to enforce lawful obligations, document material trespasses, and preserve standing for further lawful enforcement. [ Administrative Due Process Exhaustion of Private Remedy ] [ Law Merchant Commercial Instruments ] [ Equity Jurisdiction Breach of Fiduciary Duty ] [ Common Law Duty of Loyalty Fiduciary Principles ] [ Estoppel by Silence Blacks Law Dictionary ] On or about July 5, 2025, the Trust lawfully issued [ Gold Clause Check GCC-0056 ] in the amount of {$1400.00}, drawn in accordance with [ 31 U.S.C. 5118 ( d ) ], [ 12 U.S.C. 411 ], [ Public Law 73-10 ], and [ UCC 3-311 ]. Said instrument was properly constructed and mailed via [ Certified Mail ] to JPMorgan Chase Bank, N.A., for full and final settlement of accounts ending in 2225 and 2231. The check was received by Chase. It was not returned, rebutted, dishonored, or lawfully refused. Instead, it was silently retained, access to the accounts was revoked, and all Trust administrative activity was forcibly shut down. [ UCC 1-201 ( b ) ( 20 ) Holder in Due Course ] [ Commercial Presentment Standards UCC 3-501 , 3-503 ] No explanation was given. No accounting provided. No rejection was issued as required under [ UCC 3-501 ( b ) ( 2 ) ]. This constitutes silent dishonor, fraudulent suppression of remedy, and unlawful conversion of a federally protected obligation. [ 18 U.S.C. 8 Obligation or Other Security of the United States ] and if JPMorgan Chase disputes the validity of said instrument as a lawful obligation, then the burden is upon the bank to publicly state whether it accepts or rejects instruments legally defined as obligations of the United States under this statute. If Chase does not request payment in lawful money, and does not recognize obligations defined under 18 U.S.C. 8, then by what authority does it claim to refuse such lawful tender? This question remains unanswered and stands as a material point of law requiring formal rebuttal [ UCC 3-603 Discharge of Liability by Tender and Retention ] [ Conversion Restatement ( Second ) of Torts 222A ] [ Violation of Lawful Tender Rights 31 U.S.C. 5103 ] At no time has JPMorgan Chase produced the [ OC-10 file ], nor has the bank confirmed whether it accepts lawful money or what form of settlement it claims to require in lieu of the lawful tender provided. The Trust asserts that absent such clarification, Chase stands in full commercial dishonor and estoppel by silence. [ Fair Credit Billing Act 15 U.S.C. 1666 ] [ Federal Trade Commission Act 15 U.S.C. 45 ] The accounts in question were created under the ALL-CAPS legal fiction tied to the Trustees estate, but all use and benefit belonged exclusively to the XXXX XXXX XXXX XXXX XXXX XXXX No commercial activity was for personal use. The Trust annexed the collateral estate and all legal identifiers, forming a lawful administrative relationship with the bank. Chase knowingly ignored all lawful tender, commercial documents, and trust authority, thereby violating federal and private trust law. [ Constructive Trust Doctrine Equity ] [ Administrative Record Doctrine Evidentiary Standing ] [ Private Trust Treaty Capacity XXXX XXXX  on Trusts XXXX ] The commercial credit accounts in question were opened in the legal fiction name of the Trustee ( the ALL-CAPS entity ) by JPMorgan Chase Bank XXXX N.A., but the proceeds and benefit of those transactions have never been lawfully delivered to or received by the Trust. These funds, issued under the pretense of contractual obligation and constructive authorization, remain unaccounted for and improperly withheld. Chase has failed to identify whether those credits were monetized, retained, or diverted for internal gain, thus violating fiduciary obligation and constructive trust principles. [ Constructive Trust Law of Equity ] [ Commercial Misappropriation UCC 1-103 ] [ Fraudulent Inducement Common Law ] [ Retention of Proceeds Breach of Bailment ] The Trust further believes that these commercial credit accounts were not only closed under silent dishonor, but were also unlawfully collected upon or monetized internally by JPMorgan Chase without lawful notice or disclosure. This indicates an attempt to fraudulently acquire and exploit instruments that belong, in fact and law, to the Trust. Any such conversion, monetization, or internal liquidation of credit based on the Trustees name or estate, without delivery of proceeds to the Trust, constitutes financial fraud, breach of trust, and commercial theft. [ Fraudulent Conversion Uniform Law of Commercial Instruments ] [ Unjust Enrichment Law of Equity ] [ Unauthorized Monetization UCC 9-610 ] [ Misappropriation of Trust Assets Equity Jurisdiction ] The Trust has also been subjected to false credit reporting stemming from the artificial and contrived assumption that a debt ever lawfully existed. In truth, these accounts were created and monetized on the basis of the XXXX signature of the ALL-CAPS legal fiction ( ENS LEGIS ), and not through any real lending of Chases own capital. The Trust has never received any actual funds or value from these alleged credit extensions. JPMorgan Chase continues to report the Trust as being in default for a commercial debt that, in law and equity, belongs to the Trustnot the bank. Chase appears to be leveraging these accounts as active assets for internal credit creation, collateralization, or securitization, despite having no lawful claim to the underlying value. [ False Credit Reporting Fair Credit Reporting Act 623 ] [ Fraudulent Debt Assumption Commercial Law Doctrine ] [ Constructive Denial of Credit Law of Torts ] [ Deceptive Trade Practice FTC Act 5 ] [ Misstatement of Account Status 15 U.S.C. 1681s-2 ] [ Commercial Paper Monetization Federal Reserve Accounting Manual ] The Trust has suffered irreparable harm : Destruction of commercial expectation and performance Loss of administrative access and enforcement capacity Disruption of lawful credit operations Suppression of instruments backed by full faith and credit Exposure to reputational harm and unlawful collections targeting the estate [ Restitution Law of Equity ] [ Irreparable Harm Legal Standard for Equitable Relief ] The Trust has not received any record indicating whether : The GCC was deposited, destroyed, bonded, or monetized The accounts were reported, insured, or traded in securitized form The closures were triggered by internal fraud teams, external regulators, or private credit reporting agencies [ Truth in Lending Act 15 U.S.C. 1601 et seq. ] [ GLBA 502 Privacy of Consumer Financial Information ] The actions of JPMorgan Chase demonstrate a knowing and systemic breach of fiduciary duty, unlawful conversion of lawful money, and fraudulent administration of trust property. [ Fiduciary Abuse Doctrine Restatement ( Third ) of Trusts 78 ] [ Constructive Fraud Common Law and Commercial Equity ] [ Unauthorized Instrument Retention UCC Article 3 ] [ Abuse of Private Estate Law of Equity ] [ Denial of Due Process 5 U.S.C. 706 ( 2 ) ( A ) ] This record is placed into the CFPB portal not for discussion, but for enforcement. The Trust is not a consumer and does not seek discretionary remedy. The facts are now recorded. Any attempt by JPMorgan Chase to rebut these facts must be submitted in writing, line-by-line, under oath, with full documentary proof and lawful standing. [ Administrative Remedy Exhaustion Federal Procedure ] [ Common Law Right to Protest Contract Law ] All rights reserved. Without prejudice. [ UCC 1-308 Reservation of Rights ] Respectfully entered into the record by : XXXX XXXX XXXX XXXX XXXX XXXX 
By : XXXX XXXX, XXXX XXXX XXXX XXXX, XXXX XXXX XXXX, NC XXXX

Company response to consumer: Closed with explanation