chicamarie Posted August 14, 2013 Report Share Posted August 14, 2013 Please move this to a different forum if it doesn't belong here . . . I just thought some people might benefit from it: "In this matter, Plaintiffs allege Defendant violated the Fair Debt Collection Practices Act ("FDCPA"), 15 U.S.C. § 1692, et seq., through its practice of retroactively imposing post charge-off interest on consumer debts it purchased from various financial institutions." http://scholar.google.com/scholar_case?case=10136431822620521444&hl=en&lr=lang_en&as_sdt=2,7&as_vis=1&oi=scholaralrt 1 Link to comment Share on other sites More sharing options...
admin Posted August 14, 2013 Report Share Posted August 14, 2013 Looks like a good place to me. Link to comment Share on other sites More sharing options...
ArtVandelay Posted August 14, 2013 Report Share Posted August 14, 2013 @chicamarieThis is an awesome find! I wonder how many of debt buyers add interest from "charge off to debt purchase"?This is even a better news for those living in KY,OH,MI & TN. Link to comment Share on other sites More sharing options...
bmc100 Posted August 14, 2013 Report Share Posted August 14, 2013 Thats why when I comment on the majority of posts, I tell the poster to contact a consumer law attorney if the JDB is tacking on post charge-off interest to an account or at a statutory rate of x%. 1 Link to comment Share on other sites More sharing options...
HotWheels96 Posted August 14, 2013 Report Share Posted August 14, 2013 Couldn't be happening to a nicer bunch. Link to comment Share on other sites More sharing options...
debtzapper Posted August 14, 2013 Report Share Posted August 14, 2013 Nothing like a good class action suit. Be great if the FTC or CPFB could could take a swipe at Asset as well. Link to comment Share on other sites More sharing options...
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