Debt Collection

SCOTUS FDCPA ruling on collectors of purchased debt

SCOTUS unanimously agrees in its June 12, 2017, ruling that a bank that collects on debts it has bought and holds for its own account is not a debt collector under the Fair Debt Collection Practices Act.

Frank Thomas v. Law Firm of Simpson & Cybak, et al.

This case turns on what constitutes an "initial communication" under the Fair Debt Collection Practices Act (FDCPA). The U.S.

Thompson v. Mastercard International, Inc., et al.

After losing money through online gambling, two men sued credit card companies and issuing banks, alleging RICO violations and attempted collection of unlawful debt.