Alleged victims of unlicensed or unruly debt collectors can pursue lawsuits against them and need not rely on state regulators to vindicate their rights, Maryland’s top court unanimously ruled Monday. The Maryland Consumer Debt Collection Act (MCDCA) and the Maryland ...

Tagged with: debt debt collection LVNV Maryland Collection Agency Licensing Act Maryland Consumer Debt Collection Act private right of action

A Baltimore jury has awarded more than $38.6 million in compensation to debtors who had paid less than a tenth of that amount to LVNV Funding LLC, a then-unlicensed debt-collection company.

Tagged with: debt collection LVNV Maryland Consumer Debt Collection Act unjust enrichment