6th Circuit Applies FDCPA to Creditor who Acquired Debt in Default at the Time of the Assignment
In Bridge v. Ocwen Federal Bank, FSB, --- F.3d ----, 2012 WL 1470146 (6th Cir. 2012), the Court of Appeals for the Sixth Circuit held that a creditor who acquires a debt portfolio, part of which is in default, is a debt collector under the FDCPA for that portion of the portfolio that was in default at the time of… Read More