“Maryland’s District Court has tossed out nearly 3,600 debt-collection cases against state residents — with about $7.8 million in claims.” Further,  LVNV and Resurgent Capital Services (the purchaser of debts and debt collection company respectively) for which the claims were prompted against, agreed to pay a $1 million penalty to the state and pay $3.8 million in credits to consumers due to allegations that they violated state and federal laws.

 

The settlement was due to the allegations that the agencies were not licensed debt collectors, made inaccurate claims about amounts owed, and “employed attorneys who filed “false or misleading” documents in lawsuits.”

 

Read the rest here at the source: Baltimoresun.com http://articles.baltimoresun.com/2012-07-11/business/bs-bz-court-dismisses-debt-cases-20120711_1_debt-collection-cases-debt-cases-lvnv

 

The Fair Debt Collection Practices act prohibits debt collectors to make false claims about the amount of debt owed (among many other items) as noted in the case above. If you believe a debt collector has engaged in violating behavior or if you’re a direct victim of debt collection abuse, contact our FDCPA attorneys now because you may be entitled to monetary compensation. We fight for your rights and our fees are paid by the collectors when we win! 949-200-8755.