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Case ID: 3898 | Credit / Debt | 11/02/2004
A class action lawsuit has been filed on behalf of New York residents who received collection letters from National Asset Management. The suit alleges that Affiliated failed to adhere to the requirements of the federal fair debt collection practices act in its interactions with debtors.
The complaint alleges that the named plaintiff received collection letters from National but did not receive certain the notices that National was required to submit by law. The plaintiffs seek statutory damages, interest, costs and other relief for each plaintiff in the class. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Credit / Debt Cases of Interest Several class actions have been filed against financial services company UICI (NYSE:UCI) and certain of its officers and directors by stockholders who purchased the company's common stock between January 17, 2000, and July 21, 2003. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. Ralph Brooks, Jr., a Philadelphia man man who was shot and disabled when he was six years old, filed a lawsuit against Wachovia Bank, charging that the bank charged "sweep fees" for funds held in mutual funds set up with donations at the time of the shooting. A class action lawsuit has been filed in the Eastern District Court of Pennsylvania against NCO Financial Systems, Inc. for violations of the Fair Debt Collection Practices Act (FDCPA) which prohibits debt collectors from engaging in abusive, deceptive and unfair collection practices. Class members seek damages, attorney's fees and costs of the litigation. A national class action has been filed in Florida against collection specialists, General Revenue Corporation. The action is brought on behalf of all U.S. residents who received alleged misleading "form" type collection letters from General Revenue. The action is brought under the federal Fair Debt Collection Practices Act and seeks statutory damages as well as injunctive and declaratory relief. A nationwide class action has been filed against collection agency Gold Key Credit, Inc., on behalf of all US residents who have been wrongly billed overdue charges by the company, its parents, or its subsidiaries. The action alleges that Gold Key has violated the federal Fair Debt Collection Act and the Florida Consumer Collection Practices Act. A class action lawsuit has been filed in federal court against Collection Wizzards. The case involves violations of federal fair debt collection practices law. No additional information about the substance of the allegations is available at this time. Classactionamerica.com will monitor this case and provide additional details as soon as they become available. |
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