Accrued Interest, Creditors and Original Creditor

District Court Takes Expansive View of "Deceptive or Misleading" Practices under FDCPA

Consumer Financial Services Law

JANUARY 3, 2018

In Avila , the Second Circuit encountered a case in which a collection letter disclosed the “current balance” of the debt, but did not disclose that after the date of the collection letter, the account was continuing to accrue interest and late fees.

Accrued Interest

Accrued Interest Debt collector Banks Creditors

The “Least Sophisticated Debtor” Is Getting More Sophisticated, And Has An Improved Memory Too

FDCPA Defense

AUGUST 22, 2016

3d at 645-46 (the “unsophisticated consumer, with a reasonable knowledge of her account’s history, would have little trouble concluding that the ‘principal balance’ included interest charged by [the original creditor].”); McNair v. [iii] See Wahl , 556 F.3d Maxwell & Morgan, P.C. , 3d 859, 871 (D.

Debtor

Debtor Debt collector Law Firms Accrued Interest

Creditor Collections Today

District Court Takes Expansive View of "Deceptive or Misleading" Practices under FDCPA

The “Least Sophisticated Debtor” Is Getting More Sophisticated, And Has An Improved Memory Too

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