Accrued Interest, Collection Agencies and Financial services

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Accrued Interest

Collection Agencies

Financial services

Washington Federal Court Holds “Vague” and “Conclusory” References to “Reasonable Procedures” Not Enough to Establish FDCPA’s Bona Fide Error Defense

Troutman Sanders

SEPTEMBER 6, 2023

In response, the property management company engaged a collection agency to recover the remaining amounts claimed as due and owing under the lease. Over the course of several months, the collection agency sent the plaintiff multiple emails and letters containing errors.

Accrued Interest

Accrued Interest Collection Agencies Collections Agency Fair Debt Collection

District Court Takes Expansive View of "Deceptive or Misleading" Practices under FDCPA

Consumer Financial Services Law

JANUARY 3, 2018

In Avila , the Second Circuit encountered a case in which a collection letter disclosed the “current balance” of the debt, but did not disclose that after the date of the collection letter, the account was continuing to accrue interest and late fees.

Accrued Interest

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Washington Federal Court Holds “Vague” and “Conclusory” References to “Reasonable Procedures” Not Enough to Establish FDCPA’s Bona Fide Error Defense

District Court Takes Expansive View of "Deceptive or Misleading" Practices under FDCPA

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