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Current Trends in Consumer Junk Debt Buyer Litigation

Maryland Bar Journal, May 2016, at 18.

U of Maryland Legal Studies Research Paper No. 2016-25

11 Pages Posted: 23 May 2016 Last revised: 2 Jun 2016

Peter A. Holland

University of Maryland Francis King Carey School of Law; The Holland Law Firm

Date Written: May 1, 2016

Abstract

This article examines current trends in debt buyer litigation, including a review of recent regulatory actions and the impact of debt buyer lawsuits on individual consumers and on small claims courts. The article calls for a ban on the sale of consumer junk debt by banks, and for a requirement to make public the terms, conditions and disclaimers from sales contracts between banks and junk debt buyers.

Keywords: consumer law, due process, pro se, affidavit judgment, forgery, self help, default judgment, affidavit judgment, Maryland, forward flow agreement, debt buyer, consumer debt, small claims, purchased debt, CFPB, junk debt buyer, FDCPA

Suggested Citation

Holland, Peter A., Current Trends in Consumer Junk Debt Buyer Litigation (May 1, 2016). Maryland Bar Journal, May 2016, at 18.; U of Maryland Legal Studies Research Paper No. 2016-25. Available at SSRN: https://ssrn.com/abstract=2781562

Peter A. Holland (Contact Author)

University of Maryland Francis King Carey School of Law ( email )

500 West Baltimore Street
Baltimore, MD 21201-1786
United States
410 706 4256 (Phone)

The Holland Law Firm ( email )

914 Bay Ridge Road, Ste. 230
Annapolis, MD 21403
United States

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