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Real Estate & Property Law

: The Home Equity Theft Reporter

Consumer Lawsuits Against Companies Alleging Violations Of Federal Debt Collection, Credit Reporting Laws Surge In 2009

By r morris

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Credit.com's John Ulzheimer writes:According to Jack Gordon, CEO of WebRecon LLC, a service that tracks FCRA [Fair Credit Reporting Act] and FDCPA [Fair Debt Collection Practices Act] filings, ?we?re on pace to eclipse 8,500 such lawsuits in 2009. That?s a record for any one year.?The issue at hand seems to be two-fold. First, more consumers view litigation as an investment in their own credit

Full post as published by The Home Equity Theft Reporter on August 23, 2009 (boomark / email).

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