11th Cir. Reiterates That TILA Periodic Statements May Violate FDCPA
Collection Industry News
JULY 12, 2022
Court of Appeals for the Eleventh Circuit recently held that periodic statements required by the federal Truth in Lending Act may violate the federal Fair Debt Collection Practices Act if they are not truthful and fair. After defaulting on their home loan, a foreclosure suit was instituted. Debtors appealed.
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