article thumbnail

What Exposure Does a Business Have to Attorneys’ Fees Under the FCCPA and the FDCPA?

Jimerson Firm

Oftentimes, consumer lawyers bring claims for technical violations of the statutes, even when there are not any real damages suffered by a consumer. This is critical because it allows consumer lawyers to pursue cases in order to recover attorneys’ fees without even having to prove actual damages as a result of the violation.

Lawyers 52
article thumbnail

What Are “Statutory Damages” Under the FCCPA and the FDCPA?

Jimerson Firm

Oftentimes, consumer lawyers bring claims for technical violations of the statutes, even when there are not any actual damages suffered by a consumer. is board certified in business litigation by the Florida Bar and practices in the firm’s banking and financial services industry team. Businesses should be aware of each statute.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DFPI marks success in implementation of the California Consumer Financial Protection Law

Collection Industry News

In 2021, the Office of Financial Technology and Innovation (OFTI) met with dozens of companies, venture capitalists, lawyers, industry advocacy groups, federal and state financial regulators, consumer advocacy groups, and academics to better understand stakeholder perspectives on what constitutes responsible innovation in financial services.

article thumbnail

What Are “Actual Damages” Under the FCCPA and the FDCPA?

Jimerson Firm

Many times, consumer lawyers bring claims for technical violations of the statutes, or even when there has not been a clear violation of the statutes, in an effort to recover attorneys’ fees from the business similar to a shake-down situation. Businesses should be aware of each statute and how to defend against such claims. Hamilton, Esq.

article thumbnail

Are Proposals for Settlement Enforceable in FCCPA Cases?

Jimerson Firm

In my experience, when plaintiffs’ lawyers challenge Proposal for Settlement, they principally rely upon Clayton v. is board certified in business litigation by the Florida Bar and practices in the firm’s banking and financial services industry team. Challenging Proposals for Settlement in FCCPA cases. See Clayton v.