Chicago Business Litigation Lawyer Blog

Illegal debt collection practices exposed: The Federal Trade Commission’s (“FTC”) website summarizes illegal debt collection practices. Below is the summary from the site: Fair Debt Collection If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a “debtor.” If you…

Judge Dow of the Federal Court for the Northern District of Illinois dismissed without prejudice a bona fide error defense in a putative Fair Debt Collection Act class-action for failure to plead facts akin to the “first paragraph in any newspaper story.” The Court ruled that a bona fide error…