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Fair Debt Collection Practices Act › Prejudgment Interest

Manatt, Phelps & Phillips, LLP

California Appellate Court OKs Prejudgment Interest After Charge-off

Manatt, Phelps & Phillips, LLP on

Adding prejudgment interest to a consumer’s debt from the date of charge-off—and reporting the account with that interest to multiple credit bureaus—did not violate the Rosenthal Fair Debt Collection Practice Act, a...more

Ballard Spahr LLP

Ninth Circuit Rules FDCPA and California Law Do Not Prohibit Collection Letter Seeking Prejudgment Interest

Ballard Spahr LLP on

The U.S. Court of Appeals for the Ninth Circuit recently ruled that a debt collection letter seeking prejudgment interest on the debt did not violate the Fair Debt Collection Practices Act (FDCPA) or California’s Rosenthal...more

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