CCRP626

PRA and offers to settle time barred debt to Illinois and Indiana consumers

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I ran across this case where PRA lost summary judgment on an FDCPA claim and haven't seen it posted. Same areas covered as the CFPB order against Portfolio.  It looks to me like some of these consumers will get paid both under the CFPB order (Sept 2015) and from the FDCPA lawsuit last month.

Magee et al v. Portfolio Recovery Associates, U.S. District Court, Northern District of Illinois, No. 12-cv-1624

http://www.insidearm.com/daily/debt-buying-topics/debt-buying/court-finds-settlement-offers-on-time-barred-debts-without-disclosure-of-the-fact-that-the-debt-is-time-barred-to-be-fdcpa-violation/

It appears to be class action. http://edcombs.com/wp-content/uploads/2016/02/Magee-v.-Portfolio-Recovery-Associates-Notice-of-Class-Certification-and-Pendency.pdf

 

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