Misrepresentation or Omission re Time-Barred Debt
Contract Callers Misleading on Time-Barred Debt FDCPA Class Action
Not all consumers understand that they cannot be sued for a consumer debt once the statute of limitations on it expires. But perhaps even fewer know that if they make a single payment after that, the statute of limitations may be restarted, and that they can again be sued for the debt. The complaint for Read more
Ditech Financial Threat to Report Stale Debt New York FDCPA Class Action
Most consumer debts are subject to a statute of limitations. This means that after a certain length of time has elapsed, the creditor can no longer sue the consumer for the debt and the debt can no longer be reported to credit reporting agencies. The exact length of time that must elapse before the debt Read more
Transworld Time-Barred Debt Collection Letter FDCPA, FCCPA Class Action
Consumers cannot be sued for most of their debts forever. At some point, debts for personal, family, or household uses become time-barred and creditors can no longer take them to court to recover the money owed. The exact length of time it takes for a debt to become time-barred varies from state to state. The Read more
Dynamic Recovery Solutions Time-Barred Debt Collection Letter FDCPA Class Action
After a period of time, debts can become time-barred. That is, the creditor can no longer sue to collect on them once the statute of limitations expires. However, the complaint for this class action says that Dynamic Recovery Solutions violated the Fair Debt Collection Practices Act (FDCPA) by not informing debtors that any payment on Read more