Continuing Education Course 9 - The Fair Debt Collection Practices Act - Unfair Deceptive and Abusive Practices
In this Continuing Education course we are going to discuss both the FDCPA and UDAAP as they specifically impact the self-help repossession process.
Wrongful Repossession lawsuits being filed in federal courts rather than state courts have greatly escalated over the years. These lawsuits allege violations of the Fair Debt Collection Practices Act (FDCPA).
The reason for this type of litigation being brought in federal courts rather than state courts is simple….it’s about the money.
Statistics show that monetary awards in federal lawsuits are usually double the amounts awarded in state courts so more and more lawyers are learning how to bring Wrongful Repossession lawsuits to the federal level.