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Seventh Circuit Adopts CFPB Position On Time-Barred Debt, Creating Circuit Split

Posted on March 18, 2014
Posted in Consumer Financial

The push to restrict collection of old debts is gaining steam.  On March 11, 2014, the Seventh Circuit reversed dismissals of two federal Fair Debt Collection Practices Act (FDCPA) claims that challenged dunning letters offering to “settle” debts that were subject to a statute of limitations defense.  Although the court made clear that it is…

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