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Aged Account Comes Back to Haunt Collections Firm: Federal District Court Revives Time-Barred FDCPA Claims

Troutman Sanders

A recent federal district court opinion highlights the potential pitfalls associated with renewals of unsatisfied default judgments. serves as a reminder that judgment creditors must still tread carefully when seeking to collect on, or revive, judgments from yesteryear. The case, Sarah Pitera v. 2:22-cv-00255-TL (W.D.

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Seven State AGs Announce Settlement With Robocallers

Troutman Sanders

It also bans them from engaging in lead generation or telemarketing for 10 years in the plaintiff states, and from engaging in such activities for two years on a nationwide basis. Finally, the order also includes a monetary judgment in the amount of $73,076,930, but only requires defendant Shapiro to pay $250,000.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

An amendment in the NDAA to update the Fair Debt Collection Practices for Servicemembers Act passed in the Senate by a vote of 95-2. The OAG initially filed the lawsuit in June 2021, and as part of the judgment, between $450,000 and $2.5 The amendment, led by U.S. On July 26, the majority of U.S.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Previously introduced in June 2022, the bill fortified its provisions regarding national security and cybercrime — a concern top regulators continue to express about digital assets. On April 26, the FTC, the commonwealth of Pennsylvania, and debt collection company International Credit Recovery, Inc.