One of the nation’s largest debt collectors, Portfolio Recovery Associates
has recently settled a class action lawsuit regarding the Telephonic Communication
Practices Act or “TCPA”. The TCPA makes it illegal for debt
collectors to engage in certain practices, such as calling peoples cell
phones using a computer to dial, without permission. This is a potentially
enormous opportunity for some, nearly seven and a half million people
are included in the lawsuit. The TCPA can sometimes result in monetary
awards of thousands or tens of thousands of dollars or more. However the
class action case which just settled is potentially going to end up paying
less than $5.00 to each person Portfolio Recovery Associates called, despite
the fact that
each illegal call under the TCPA can be worth up to $1,500. Essentially, the
people who actually take the class action settlement are getting a raw
deal when they could potentially get a substantial windfall if they went
after Portfolio Recovery on their own. If you are a member of the class
you may have received a letter or card in the mail.
What should you do if you have been getting calls from Portfolio Recovery
Associates or are a member of the class?
CALL US! It is possible to remove yourself from the class action lawsuit and go
after Portfolio Recovery individually which could result in a substantial
monetary recovery for you.
What should you do if you don’t know if you’re a member of
the class or not?
CALL US! We can help you find out and it won’t cost you anything.
What should you do if any other debt collectors are bothering you?
CALL US! We fight debt collectors and even if you do not have a claim in this class
action case we may still be able to help you.
This document has been provided for informational purposes only and is
not intended and should not be construed to constitute legal advice. Please
consult your attorney in connection with any legal issues related to the
matters discussed in this article as the applicability of state, local
and federal laws may vary.