Debt-Collection Dispute Gets U.S. Supreme Court Review

Categorized | STOP FORECLOSURE FRAUD

Debt-Collection Dispute Gets U.S. Supreme Court Review

Debt-Collection Dispute Gets U.S. Supreme Court Review

Bloomberg-

The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.

The justices said they will hear an appeal from a Colorado man who defaulted on a $330,000 home loan in 2009 and is now battling a law firm that sought foreclosure on behalf of lender Wells Fargo & Co.

The issue is whether the Fair Debt Collection Practices Act, which protects borrowers, applies in foreclosure proceedings that take place outside the court system. Lower courts are divided on the question.

[BLOOMBERG]

© 2010-18 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 9127 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives