FDCPA and Other Consumer Lawsuit Statistics, May 16-31, 2012

Posted on 15. Jun, 2012 by Collections Recon in Collection News, Latest News, Press Releases

Grand Rapids, MI (June 15, 2012) – The following statistics are provided courtesy of WebRecon LLC.

FDCPA and Other Consumer Lawsuit Statistics, May 16-31, 2012

Quick analysis: FDCPA litigation rebounded from last period but continues an overall decline from 2011’s record numbers, slipping to 6.4% below last years total. However, it is significant to note that last year in the same period there was a single lawsuit with 100 plaintiffs alleging both FDCPA and TCPA claims. That one suit accounts for most of the additional decline from last period, when the YTD numbers were 4.6% below the previous YTD.

TCPA and FCRA are both continuing to show strong growth over last year, even with the above-mentioned 100-plaintiff case skewing last year’s TCPA totals. Both statutes are clearly on track to significantly surpass last year’s totals.

Comparisons:

Current Period

Previous Period

Previous Year Comp

May 16 – 31, 2012

May 1 – 15, 2012

May 16 – 31, 2011

FDCPA lawsuits

538

443

21.4%

657

-18.1%

FCRA lawsuits

119

109

9.2%

49

142.9%

TCPA lawsuits

40

42

-4.8%

124

-67.7%

TILA lawsuits

83

23

260.9%

33

151.5%

YTD FDCPA lawsuits

4640

4956

-6.4%

YTD FCRA lawsuits

977

538

81.6%

YTD TCPA lawsuits

423

322

31.4%

YTD TILA lawsuits

402

540

-25.6%

Full Statistics:

There were about 605 lawsuits filed under consumer statutes in the second half of May 2012. Here is an approximate breakdown:

· 538 FDCPA

· 119 FCRA

· 40 TCPA

· 83 TILA

Summary:

· Of those cases, there were about 702 unique plaintiffs (including multiple plaintiffs in one suit).

· Of those plaintiffs, about 230, or 33%, had sued under consumer statutes before.

· Combined, those plaintiffs have filed about 1346 lawsuits since 2001

· Actions were filed in 123 different US District Court branches.

· About 720 different collection firms and creditors were sued.

The top courts where lawsuits were filed:

· 41 Lawsuits: California Central District Court – Western Division – Los Angeles

· 39 Lawsuits: Illinois Northern District Court – Chicago

· 36 Lawsuits: New York Eastern District Court – Brooklyn

· 31 Lawsuits: Colorado District Court – Denver

· 24 Lawsuits: California Northern District Court – San Francisco

· 18 Lawsuits: Florida Southern District Court – Fort Lauderdale

· 16 Lawsuits: Minnesota District Court – Dmn

· 16 Lawsuits: Florida Middle District Court – Orlando

· 15 Lawsuits: California Southern District Court – San Diego

· 15 Lawsuits: Pennsylvania Eastern District Court – Philadelphia

The most active consumer attorneys were:

· Representing 53 Consumers: Robin R Horner

· Representing 23 Consumers: Arshak Bartoumian

· Representing 21 Consumers: Craig T Kimmel

· Representing 17 Consumers: G Thomas Martin Iii

· Representing 16 Consumers: David M Larson

· Representing 14 Consumers: Samuel A Ehrenfeld

· Representing 13 Consumers: Gary D Nitzkin

· Representing 13 Consumers: Adam J Fishbein

· Representing 12 Consumers: Donald A Yarbrough

· Representing 12 Consumers: Hashim Rahman

Statistics Year to Date:

5291 total lawsuits for 2012, including:

· 4640 FDCPA

· 977 FCRA

· 423 TCPA

· 402 TILA

Number of Unique Plaintiffs: 5423 (including multiple plaintiffs in one suit)

The most active consumer attorneys of the year:

· Representing 139 Consumers: David M Larson

· Representing 136 Consumers: Sergei Lemberg

· Representing 133 Consumers: Craig T Kimmel

· Representing 89 Consumers: David J Philipps

· Representing 82 Consumers: Dennis R Kurz

About WebRecon LLC: Creditors and collection firms use WebRecon’s services to easily segregate predictably litigious consumers from their databases. A significant percentage of consumer litigation is initiated by the same consumers over and over again, and screening them out of the general population can reduce lawsuits significantly.

WebRecon LLC has transformed into the Bureau of Litigant Data, and as a result is now tracking even more useful data, including data on non-filed litigation demand attempts. For more information on our consumer litigant batching, monitoring and searching service, please visit www.webrecon,com or call (616) 682-5327.

For more information, please contact:

Jack Gordon, CEO, WebRecon LLC, The Bureau of Litigant Data

Web: www.WebRecon.com, Email: admin@webrecon.net, Phone: (616) 682-5327

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Tags: Consumer Lawsuit Statistics, FDCPA, Web Recon