7th Circuit Says Use of the Term “Settle” in Time Barred Debt Falsely Threatens Litigation
In McMahon v. LVNV Funding, LLC, 744 F.3d 1010 (7th Cir. 2014), the Court of Appeals for the Seventh Circuit found that a debt buyers’ collection letter purporting to collect on a time-barred debt that used the term “settle” falsely threatened litigation. Relying in part on the district court opinion in Rice v. Midland Credit Mgmt., Inc., 933 F.Supp.2d 1040… Read More