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Debt Collection Lawsuits Are Surging

Collection Industry News

Some key findings from the Pew research include: • Between 1993 and 2013, the number of debt collection cases filed annually more than doubled, from 1.7 The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. . Default Judgments in Debt Collection Cases.

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When Is A Lawyer Or Law Firm "Regularly" Collecting Debts Under The FDCPA?

FDCPA Defense

291 (1995), lawyers have known that if they seek to collect consumer debts for clients – even when doing so through litigation – they might qualify as a "debt collector" under the Fair Debt Collection Practices Act, 15 U.S.C. 3d _, 2013 WL 3928631 (10th Cir. See 2013 WL 3928631, at *4.

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Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

Attorneys and other entities that regularly engage in collection work for community associations may be subject to the requirements of the Fair Debt Collection Practices Act, 15 U.S.C. as well as analogous state laws governing the consumer collection process. 2013 WL 1249598, at *8 (D. Nevada Assoc.