Tag Archives: WebRecon

While the number of lawsuits against companies in the accounts receivable management industry continued to decline, the individuals who are filing more than one lawsuit is on the rise, according to data released recently by WebRecon. The number of suits alleging violations of the Fair Credit Reporting Act, the Fair …

Consumers were in the mood to complain and sue in June, according to data released recently by WebRecon. The number of complaints filed by individuals with the Consumer Financial Protection Bureau and the number of lawsuits alleging violations of the Fair Credit Reporting Act, Fair Debt Collection Practices Act, and …

Hunstein copycat cases propelled the number of Fair Debt Collection Practices Act cases filed in May higher, according to data released this week by WebRecon, which tracks litigation across the accounts receivable management industry. More than 200 lawsuits alleging companies violated the third-party disclosures provisions of the FDCPA have been …

Interestingly enough, the number of lawsuits filed in April claiming violations of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and the Telephone Consumer Protection Act were all lower in April than the same month last year — which was the first full month that the COVID-19 …

In a sign of what is likely to come, lawsuits alleging violations of the Fair Debt Collection Practices Act increased 19% in March compared with February, although the total for the first quarter of 2021 is still well below that from the same period last year, according to data released …

People sued less in February, but complained more, according to data released by WebRecon. The number of Fair Debt Collection Practices Act lawsuits is down 25% for the first two months of 2021, compared to the first two months of 2020, while the number of Fair Credit Reporting Act lawsuits …

WebRecon’s monthly statistics outlining the number of lawsuits filed in January alleging violations of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and the Telephone Consumer Protection Act is a classic, “good news, bad news” type of situation. The good news is that compared with the same …

There have been some significant shifts in consumer lawsuit trends during the past five years, and those trends continued in 2020, based on data released yesterday by WebRecon. The number of Fair Debt Collection Practices Act lawsuits dropped from 2019 to 2020 — the fifth straight year the total fell …

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 …

While higher than in April, the overall number of lawsuits filed against collection agencies in May alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act continued their year-long decline, according to data released yesterday by WebRecon. Through the first …