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Lawsuit Totals Continue Decline, But Some ‘Terrifying’ Data Still Causing Problems For Collection Agencies

Collection agencies may not necessarily be noticing it, but there continues to be a precipitous drop in the number of lawsuits being filed alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act, according to data released yesterday by WebRecon. …

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Big Spike in New Lawsuits Filed in July: WebRecon

Executives in the credit and collection industry — especially those working in compliance — who were hoping for a slow, relaxed summer have definitely been disappointed, based on data released yesterday by WebRecon that shows a dramatic uptick in the number of lawsuits filed by consumers. There were double-digit increases …

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