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First Resolution Massachusetts Debt Collection Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

First Resolution Investment Corporation (FRIC) is putting aside $1.5 million to settle a class action alleging that it tried to collect debts from Massachusetts consumers without being licensed as a debt collector by the state and that it undertook lawsuits and court proceedings against them without being registered as a foreign corporation in the state. 

Docket Number:

15-1013-BLS2

Company: First Resolution Investment Corporation

Filing Deadline: April 10, 2018

Class Period: April 8, 2011 to January 10, 2018

Objection Deadline: April 10, 2018

Final Approval Hearing: May 23, 2018

Proof of Purchase:

Presumably claims will be checked against company records.

Eligibility:

You may be eligible if, between April 8, 2011 and January 10, 2018, while you were a resident of Massachusetts, First Resolution Investment Corporation pursued debt collection activities aimed at you. Debt collection activities include such things as sending you a collection letter or statement, placing a collection call to you or your relatives or neighbors, or filing a lawsuit against you. You may still be eligible even if third parties performed these activities on FRIC’s behalf, or if you did not pay any money to FRIC.

Typical Settlement Amount:

Varies, depending on whether your account is open or closed, and whether it is a “judgment account” or a “non-judgment account.” See the Notice at https://www.firstresolutionsettlement.com/content/ClaimNotice.pdf for details.

Total Settlement Amount: $1.5 million

Class Representative Proposed Incentive Fee:

$10,000

Law Firms:
Culik Law PC
Quat Law Offices

Claim Form: First Resolution Debt Collection Claim Form

Case Name: Debra Clark v. First Resolution Investment Corp., et al.

Settlement Website: First Resolution Debt Collection Website

Claims Administrator:
First Class, Inc.

Claims Administrator Contact Information:

First Class, Inc./ J13713- Clark
5410 W. Roosevelt Rd., Suite 222
Chicago, IL 60644-1490

Tags: Not Properly Licensed for Debt Collection, Unlawful Debt Collection