The Push To Curb Collection Of Old Debts Is Gaining Steam

Law360, New York (March 26, 2014, 9:06 PM EDT) -- The push to restrict collection of old debts is gaining steam. On March 11, 2014, the Seventh Circuit decided two federal Fair Debt Collection Practices Act appeals involving dunning letters offering to settle debts that were subject to a statute of limitations defense.[1] Although the court made clear that it is not “automatically improper ... to seek repayment of time-barred debts,” it found that offers to “settle” a debt may falsely suggest that the debt is legally enforceable and thereby support claims under the FDCPA at...
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