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Home / Opinion Digests / Court Likes Fair Debt Class Settlement (access required)

Court Likes Fair Debt Class Settlement (access required)

A Richmond U.S. District Court certifies a class of over 15,000 debtors in this suit alleging defendant sent dunning letters with a verification notice that violated the Fair Debt Collection Practices Act, and gives its preliminary approval, pending notice to the class, of a settlement totaling $90,000, with $6,000 to each named plaintiff and $78,000 ...

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