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New York District Court Approves Class Action in FDCPA Case Alleging Improper Debt Assignment Notification

Troutman Sanders

District Court for the Western District of New York granted the plaintiff’s motion for class certification for alleged violations of the Fair Debt Collections Practices Act (FDCPA) relating to an allegedly improper debt assignment notification. The default judgment was later assigned to Palisades Acquisition. In McCrobie v.

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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

Fico Collections

Many consumers have been paying down debts; outstanding credit card debt decreased 3.7% there’s plenty of capital available and relatively modest collections portfolios, with most creditors reporting lower collections volumes than expected. in the year to Oct 2021 (The Money Charity, Dec 2021).