CS-2026-00107 - BANK OF AMERICA, N.A. v. GRANVILLE B GOOCH

What's This Case About?

Let’s cut straight to the drama: a bank is suing a man for $2,567.46 — but the real villain might just be a 26.99% interest rate that’s compounding daily like a financial gremlin multiplying in the dark. This isn’t Die Hard or The Godfather Part III. This is the District Court of Lincoln County, Oklahoma, where the stakes are lower, the paperwork is drier, and the most explosive thing in the room is probably the coffee maker. But don’t let the small dollar amount fool you — this case is a masterclass in how credit card debt quietly balloons into something that feels criminal, even when everyone technically followed the rules.

Meet the players. On one side: Bank of America, N.A., the financial Goliath with more branches than most people have pairs of socks. It’s not a person, it’s a corporation, but it sues like one. Represented by the debt-collection law firm Nelson and Kennard, LLP (a group so committed to chasing overdue payments they have offices in Colorado but file cases in Oklahoma), the bank shows up with a spreadsheet, a signature, and zero patience. On the other side: Granville B. Gooch, a man whose name sounds like a forgotten Civil War general or a character from a Coen Brothers movie. He’s not represented by counsel, which means he’s either confident, overwhelmed, or just hasn’t noticed this lawsuit yet. The two were briefly linked by a credit card account — specifically, one with the last four digits 9686 — but their relationship soured faster than milk in a hot car when Granville stopped paying.

Here’s how we got here. Granville opened a credit card with Bank of America. That part’s normal. People do it every day — swipe, spend, promise to pay later. But somewhere along the way, the promise broke. The last payment he made? March 18, 2025. After that, radio silence. No more payments. No more credits. Just charges — mostly interest — piling up like unpaid parking tickets. By October 21, 2025, the account was so far underwater that the bank officially “charged it off,” which is banker-speak for “we’ve given up and are now mad.” The balance? $2,567.46. That’s up from a previous balance of $2,511.15, with $56.31 in interest tacked on during the final billing cycle. And get this — the credit limit on the card was only $2,000. Granville wasn’t just over the limit. He was past it, through it, and somehow still getting charged interest as if the bank expected him to dig himself out with a teaspoon.

Now, the bank isn’t accusing Granville of fraud. There’s no mention of fake transactions, identity theft, or a secret spending spree on rare orchids. No, the claim is much more mundane: breach of contract. In plain English, that means: you agreed to pay, you didn’t, so now we’re dragging you into court. It’s the financial equivalent of “you said you’d return my lawnmower, and now I want it back — or the cash value, plus storage fees.” The bank says Granville signed up for the card, agreed to the terms (which are buried in a wall of tiny print about daily compounding interest and payment allocations), and then failed to uphold his end. And while the filing is sparse on Granville’s side of the story — because, let’s be honest, the plaintiff writes these things — we can read between the lines. Maybe he lost a job. Maybe medical bills piled up. Maybe he just forgot. But the machine kept running. Interest accrued. Fees stacked. And now, two years after the last payment, the bank wants its money — plus court costs, sheriff’s fees, and whatever other administrative tolls come with suing someone over a debt the size of a decent used car down payment.

And that brings us to what they want: $2,567.46. Is that a lot? In the grand scheme of civil lawsuits, it’s pocket change. A celebrity divorce lawyer might bill that in a single afternoon. But for an individual? That’s a month’s rent in parts of Oklahoma. That’s a new HVAC system. That’s a whole lot of “I told you so” from your mom. The bank isn’t asking for punitive damages — no “punish this guy extra” nonsense. Just the balance, plus costs. But here’s the kicker: that final interest charge of $56.31 in one billing cycle? On a balance that already exceeded the credit limit? At a 26.99% APR? That’s not just high — that’s predatory levels of high, the kind of rate that makes you wonder if the card was issued by a vampire disguised as a banker. For context, if Granville had kept paying only the minimum, the statement itself warns he’d end up paying nearly $5,000 over nine years. The bank even helpfully printed that projection right on the bill, like a public service announcement from the Department of “You’re Screwed.”

So what’s our take? Look, debt is real. Contracts are binding. If you charge $2,500 on a card and ghost the payments, yeah, the bank has a right to come after you. But the absurdity here isn’t the lawsuit — it’s the system that lets a $2,000 line of credit balloon into a $2,500+ obligation with barely a peep, all while the cardholder is technically past due by over $700 and still getting hit with interest like a piñata at a toddler’s birthday party. The fact that the account was already over the limit, in “restricted status,” and still being charged interest feels less like finance and more like financial torture. And let’s not ignore the irony: Bank of America, the same institution that needed a government bailout in 2008, is now suing an individual for less than three grand, represented by a firm that specializes in debt collection, over a product with an APR higher than most payday loans.

We’re not rooting for deadbeats. But we are rooting for transparency. For fairness. For a world where the fine print doesn’t eat people alive. And if Granville shows up in court with a folder full of pay stubs, medical bills, and a handwritten note that says “I tried,” we’re gonna feel very differently about this case. Until then, we’re just here for the drama — and quietly checking our own credit card statements with newfound paranoia.

Case Overview

$2,567 Demand Petition

Jurisdiction

District Court of Lincoln County, Oklahoma

Filing Attorney

Ashton Dewayne Sears

Nelson and Kennard, LLP

Relief Sought

$2,567 Monetary

Plaintiffs

BANK OF AMERICA, N.A. business
Rep: Nelson and Kennard, LLP

Defendants

GRANVILLE B GOOCH individual

Claims

#	Cause of Action	Description
1		breach of contract

Petition Text

2,339 words

IN THE DISTRICT COURT OF LINCOLN COUNTY STATE OF OKLAHOMA BANK OF AMERICA, N.A., Plaintiff, vs. GRANVILLE B GOOCH Defendant(s). Case No. CS-26-107 PETITION COMES NOW the Plaintiff, by and through counsel, Nelson and Kennard, LLP, and herewith alleges the following and seeks redress as hereafter delineated. 1. Plaintiff is a national banking association, which transacts business within the State of Oklahoma. 2. Venue is proper in this County, as the Defendant(s) reside(s) in this County at the commencement of this action. 3. The last four (4) digits of the Defendant’s account number, used by the current creditor as of the date of default are XXXXXXXXXXXXX9686. 4. Plaintiff's claim arises when the Defendant(s) opened a credit account and failed to make the required monthly payments as agreed. The credit account charged off for non-payment on 10/31/25, the balance due at time of default was $2,567.46. A true and accurate copy of the last periodic statement provided to the Defendant(s) prior to charge-off is attached hereto as Exhibit 1. 5. The Defendant(s) breached the Contract by failing to make the required periodic payments. 6. As a direct and proximate result of the Defendant(s) default, the total amount of debt claimed is $2,567.46. 7. The date of the last payment made by the Defendant(s) is March 18, 2025. 8. Plaintiff seeks court costs, and for such further relief as the Court may deem proper in the premises. WHEREFORE, Plaintiff, BANK OF AMERICA, N.A. prays for judgment against the Defendant(s), GRANVILLE B GOOCH in the amount of $2,567.46, plus all costs herein expended, including but not limited to, court costs, sheriff’s fees, and special process server fees; and for such other and further relief as the Court may deem proper in the premises. Dated this January 27, 2026 Nelson and Kennard, LLP [Signature] By: ___________________________ Ashton Dewayne Sears, OBA # 35737 12596 W. Bayaud Ave., Ste. 120 Lakewood, CO 80228 Phone: 866-920-2295 [email protected] Attorney for the Plaintiff EXHIBIT 1 Account Summary/Payment Information Previous Balance $2,511.15 Payments and Other Credits $0.00 Purchases and Adjustments $0.00 Fees Charged $0.00 Interest Charged $56.31 New Balance Total $2,567.46 Total Credit Line $2,000.00 Total Credit Available $0.00 Cash Credit Line $200.00 Portion of Credit Available for Cash $0.00 Statement Closing Date 10/21/2025 Days in Billing Cycle 30 New Balance Total $2,567.46 Current Payment Due $81.00 Past Due Amount $727.00 Total Minimum Payment Due $808.00 Payment Due Date 11/18/2025 Late Payment Warning: If we do not receive your Total Minimum Payment by the date listed above, you may have to pay a late fee of up to $40.00. Total Minimum Payment Warning: If you make only the Total Minimum Payment each period, you will pay more in interest and it will take you longer to pay off your balance. For example: <table> <tr> <th>Only the Total Minimum Payment</th> <th>9 years</th> <th>$4,975.00</th> </tr> </table> If you would like information about credit counseling services, call 866.300.5238. IMPORTANT INFORMATION ABOUT THIS ACCOUNT PAYING INTEREST - We will not charge you any interest on Purchases if you always pay your entire "Grace Period Balance", as defined in the next two paragraphs, by the Payment Due Date. Specifically, you will not pay interest for an entire billing cycle on Purchases if you Paid In Full the two previous Grace Period Balances on your account by their respective Payment Due Dates; otherwise, each Purchase begins to accrue interest on its transaction date or the first day of the billing cycle, whichever date is later. We will begin accruing interest on Balance Transfers and Cash Advances on the transaction date. If you do not have an active Custom Pay Plan, your Grace Period Balance will be the New Balance Total. New Balance Total (also referred to as the "Statement Balance") is the total billed amount as of the Closing Date of a billing cycle, as shown on your monthly statement, plus any adjustments for subsequently returned payments. If you have an active Custom Pay Plan, your Grace Period Balance will be the Interest Saving Balance as shown on your monthly statement plus any adjustments for subsequently returned payments. The Interest Saving Balance is your New Balance Total minus, any balances subject to a Custom Pay Plan, plus any Custom Pay Plan Payment(s) due, as shown on your monthly statement. TOTAL INTEREST CHARGE COMPUTATION - Interest charges accrue and are compounded on a daily basis. To determine the interest charges, we multiply each Balance Subject to Interest Rate by its applicable Daily Periodic Rate and that result is multiplied by the number of days in the billing cycle. To determine the total interest charge for the billing cycle, we add the interest charges together. A Daily Periodic Rate is calculated by dividing an Annual Percentage Rate by 365. HOW WE ALLOCATE YOUR PAYMENTS - Monthly minimum payments are required when you carry a balance. Payments are allocated to posted balances. We will first allocate the amount of your payment equal to the Total Minimum Payment Due to any Custom Pay Plan Payment due, then to the lowest APR balances in turn (including transactions made after this statement). Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs, and finally to any Custom Pay Plan balances. IMPORTANT INFORMATION ABOUT PAYMENTS BY PHONE - When using the optional Pay-by-Phone service, you authorize us to initiate an electronic payment from your account at the financial institution you designate. You must authorize the amount and timing of each payment. For your protection, we will ask for security information. To cancel, call us before the scheduled payment date. Same-day payments cannot be edited or canceled. YOUR CREDIT LINES - The Total Credit Line is the amount of credit available for the account; however, only a portion of that is available for Bank Cash Advances. The Cash Credit Line is that amount you have available for Bank Cash Advances. Generally, Bank Cash Advances consist of ATM Cash Advances, Over-the Counter (OTC) Cash Advances, Same-Day Online Cash Advances, Overdraft Protection Cash Advances, Cash Equivalents, and applicable transaction fees. CALCULATION OF BALANCES SUBJECT TO INTEREST RATE Average Daily Balance Method (including new Purchases): We calculate separate Balances Subject to an Interest Rate for Purchases and for each Introductory or Promotional Offer balance consisting of Purchases by: (1) calculating a daily balance for each day in the current billing cycle; (2) adding all the daily balances together; and (3) dividing the sum of the daily balances by the number of days in the current billing cycle. To calculate the daily balance for each day in the current billing cycle, we: (1) take the beginning balance less any Purchases assigned to an existing Custom Pay Plan; (2) add an amount equal to the applicable Daily Periodic Rate multiplied by the previous day's daily balance; (3) add new Purchases, new Account Fees, and new Transaction Fees; (4) subtract Purchases assigned to a new Custom Pay Plan; and (5) subtract applicable payments and credits. If any daily balance is less than zero we treat it as zero. Average Balance Method (Including new Balance Transfers and new Cash Advances): We calculate separate Balances Subject to an Interest Rate for Balance Transfers, Cash Advances, and for each Introductory or Promotional Offer balance consisting of Balance Transfers or Cash Advances by: (1) calculating a daily balance for each day in the current billing cycle; (2) calculating a daily balance for each day prior to the current billing cycle that had a Pre-Cycle balance - a "Pre-Cycle balance" is a Balance Transfer or a Cash Advance with a transaction date prior to the current billing cycle but with a posting date within the current billing cycle; (3) adding all the daily balances together; and (4) dividing the sum of the daily balances by the number of days in the current billing cycle. To calculate the daily balance for each day in the current billing cycle, we: (1) take the beginning balance; (2) add an amount equal to the applicable Daily Periodic Rate multiplied by the previous day's daily balance; (3) add new Balance Transfers, Cash Advances and Transaction Fees; and (4) subtract applicable payments and credits. If any daily balance is less than zero, we treat it as zero. To calculate a daily balance for each day prior to the current billing cycle that had a Pre-Cycle balance, we: (1) take the beginning balance attributable solely to a Pre-Cycle balance (which will be zero on the transaction date associated with the first Pre-Cycle balance); (2) add an amount equal to the applicable Daily Periodic Rate multiplied by the previous day's daily balance; and (3) add only the applicable Pre-Cycle balances, and their related Transaction Fees. We exclude from this calculation all transactions posted in previous billing cycles. MISCELLANEOUS - Promotional Rate End Date: This date is based on a future statement closing date. If you change your Payment Due Date, this date could change. The New Balance Total which appears on this statement is not a payoff amount and may be subject to additional interest charges when you pay in full after your statement closing date. Virtual cards are the digital form of your eligible physical credit cards stored within a digital wallet. For the complete terms and conditions of your account, consult your Credit Card Agreement. This account is issued and administered by Bank of America. Bank of America is a registered trademark of Bank of America Corporation. ©2023 Bank of America Corporation PAYMENTS - We credit mailed payments as of the date received, if the payment is: (1) received by 5 p.m. local time at the address shown on the remittance portion of your monthly statement; (2) paid with a check drawn in U.S. dollars on a U.S. financial institution or a U.S. dollar money order; and (3) sent in the return envelope with only the remittance portion of your statement accompanying it. However, mailed payments need not be sent in a return envelope if we sent you a statement without a return envelope. Payments received by mail after 5 p.m. local time at the remittance address on any day including the Payment Due Date, but that otherwise meet the above requirements, will be credited as of the next day. Payments made online or by phone by 11:59 p.m. ET will be credited as of the date they are made. Credit for any other payments may be delayed up to five days. Cash payments made with our tellers will only be accepted with valid identification. No payment, including those marked with paid in full or with any other restrictive words, shall operate as an accord and satisfaction without the prior written approval of one of our senior officers. We process most payment checks electronically by using the information found on your check. When you provide a check as payment, you authorize us to use information from your check to make a one-time electronic fund transfer from your account (or process it as a check or paper draft). When we use information from your check to make an electronic fund transfer, funds may be withdrawn from your account as soon as the same day we receive your payment. Checks are not returned to you. If you have authorized us to pay your bill automatically from your savings or checking account with us, you can stop the payment on any amount you think is wrong. To stop payment, you must contact us at least three business days before the automatic payment is scheduled to occur. Transactions <table> <tr> <th>Transaction Date</th> <th>Posting Date</th> <th>Description</th> <th>Reference Number</th> <th>Account Number</th> <th>Amount</th> <th>Total</th> </tr> <tr> <td>10/21</td> <td>10/21</td> <td>Interest Charged<br>INTEREST CHARGED ON PURCHASES</td> <td></td> <td></td> <td>56.31</td> <td></td> </tr> <tr> <td>10/21</td> <td>10/21</td> <td>INTEREST CHARGED ON BALANCE TRANSFERS</td> <td></td> <td></td> <td>0.00</td> <td></td> </tr> <tr> <td>10/21</td> <td>10/21</td> <td>INTEREST CHARGED ON DIR DEP&CHK CASHADV</td> <td></td> <td></td> <td>0.00</td> <td></td> </tr> <tr> <td>10/21</td> <td>10/21</td> <td>INTEREST CHARGED ON BANK CASH ADVANCES</td> <td></td> <td></td> <td>0.00</td> <td></td> </tr> <tr> <td colspan="6"><b>TOTAL INTEREST CHARGED FOR THIS PERIOD</b></td> <td><b>$56.31</b></td> </tr> </table> <table> <tr> <th>Total fees charged in 2025</th> <th>$280.00</th> </tr> <tr> <th>Total interest charged in 2025</th> <th>$487.02</th> </tr> </table> Interest Charge Calculation Your Annual Percentage Rate (APR) is the annual interest rate on your account. <table> <tr> <th>Type of Balance</th> <th>Annual Percentage Rate</th> <th>Promotional Transaction Type</th> <th>Promotional Offer ID</th> <th>Promotional Rate End Date</th> <th>Balance Subject to Interest Rate</th> <th>Interest Charges by Transaction Type</th> </tr> <tr> <td>Purchases</td> <td>26.99%V</td> <td></td> <td></td> <td></td> <td>$2,538.26</td> <td>$56.31</td> </tr> <tr> <td>Balance Transfers</td> <td>26.99%V</td> <td></td> <td></td> <td></td> <td>$0.00</td> <td>$0.00</td> </tr> <tr> <td>Direct Deposit and Check Cash Advances</td> <td>28.74%V</td> <td></td> <td></td> <td></td> <td>$0.00</td> <td>$0.00</td> </tr> <tr> <td>Bank Cash Advances</td> <td>28.74%V</td> <td></td> <td></td> <td></td> <td>$0.00</td> <td>$0.00</td> </tr> </table> APR Type Definitions Daily Interest Rate Type: V - Variable Rate (rate may vary) Important Messages Your statement balance exceeds the Total Credit Line. To ensure uninterrupted use of your account, please make a payment to bring your balance under the Total Credit Line. There is no fee for being over your Total Credit Line. When this statement was created, the account's Credit Line was in a restricted status and not available for use. You can request a copy of this statement in either Braille or Large Print by calling 800.432.1000 or going to bankofamerica.com and enter Visually Impaired Access from the home page. A STORY 250 YEARS IN THE MAKING THE AMERICAN REVOLUTION A FILM BY KEN BURNS, SARAH BOTSTEIN & DAVID SCHMIDT See The American Revolution through the lens of Ken Burns in this exploration of the people, events and imagination that became a nation. Only on PBS starting Sun Nov 16 8/7c Learn more at bankofamerica.com/KenBurns