Collection Recon

FDCPA and Other Consumer Lawsuit Statistics, January 2013

Posted on 20. Feb, 2013 by Collections Recon.

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The following statistics are provided courtesy of WebRecon LLC. Visit www.webrecon.com for more information.

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FDCPA and Other Consumer Lawsuit Statistics, December 1-15, 2012

Posted on 03. Jan, 2013 by Collections Recon.

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While it has made some small gains from earlier this year, FDCPA litigation is on track to end 2012 with close to 11,500 lawsuits, down from over 12,000 for 2011. With one more period to go, we are over 11,000 as of Dec 15, 2012. Meanwhile, TCPA and FCRA litigation continue strong, despite a perceived drop in TCPA, actually caused by an anomalous lawsuit in the same period last year that had 168 plaintiffs on one large lawsuit.

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

Posted on 19. Nov, 2012 by Collections Recon.

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FDCPA lawsuits are still on track to finish the year somewhere in the mid-to-high 10k range, down 6% from this time last year. FCRA cools a little in comparison to an abnormal spike last period. However, both FCRA and TCPA lawsuits have roared past their full year 2011 numbers of 1883 (FCRA) and 813 (TCPA) this month, with two full months of 2012 left to set new records.

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

Posted on 20. Sep, 2012 by Collections Recon.

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Grand Rapids, MI (September 19, 2012) – The following statistics are provided courtesy of WebRecon LLC.

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FDCPA and Other Consumer Lawsuit Statistics, August 1-15, 2012

Posted on 31. Aug, 2012 by Collections Recon.

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No surprises this period. FDCPA litigation is still lackluster compared to last period and last year, while FCRA and TCPA are both up from last period and last year. The only interesting trend is that FDCPA does appear to be slowly narrowing the gap between this year and last year. Two months ago, the difference was 3.2%. Six weeks ago it spiked to 6.7%, four weeks ago it was 7%, two weeks ago it was 5.4%, and now it is 4.1%. This shows the spike may have been an anomaly, and if current trends continue it may eventually close the gap altogether.

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

Posted on 16. Feb, 2012 by Collections Recon.

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Grand Rapids, MI (February 14, 2012) – The following statistics are provided courtesy of WebRecon LLC.
FDCPA and Other Consumer Lawsuit Statistics, January 16-31, 2012
Quick analysis: The second half of Jan 2012 roared back from a slow start, with strong increases in litigation for three of the four main statutes we track (FDCPA, FCRA, TCPA)

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WebRecon to Transform, Begin Verifying Litigant IDs and Tracking Pre-Litigation Demands

Posted on 31. Jan, 2012 by Collections Recon.

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WebRecon LLC is about to change all of the rules.

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FDCPA and Other Consumer Lawsuit Statistics, August 1-15, 2011

Posted on 28. Aug, 2011 by Collections Recon.

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There were about 492 lawsuits filed under consumer statutes in the first half of August 2011. Here is an approximate breakdown: · 441 FDCPA · 69 FCRA · 26 TILA · 13 TCPA Summary: · Of those cases, there were about 529 unique plaintiffs (including multiple plaintiffs in one suit). · Of those plaintiffs, about [...]

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FDCPA and Other Consumer Lawsuit Statistics, May 16-31, 2011

Posted on 15. Jun, 2011 by Collections Recon.

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Grand Rapids, MI (June 14, 2011) – The following statistics are provided to the ARM industry courtesy of WebRecon LLC.
Note: There was a significant spike in FDCPA lawsuits this period, even if you take into account the fact that one suit filed by Dale Pittman named 100 different plaintiffs (that suit also invokes TCPA). Pittman’s suit explains the apparent disparity with the number of suits filed being lower than the number of FDCPA claims.