Grand Rapids, MI – The following statistics are provided to the ARM industry courtesy of WebRecon LLC: FDCPA and Other Consumer Rights Lawsuit Statistics, June 1-15, 2010.
There were about 503 lawsuits filed under consumer statutes in the first half of June.
Here is an approximate breakdown:
• 419 Fair Debt Collection Practices Act
• 47 Fair Credit Reporting Act
• 5 Telephone Consumer Protection Act
• 17 Truth In Lending Act
• 2 Equal Credit Opportunity Act
• 3 Electronic Fund Transfers Act
• 1 Federal Trade Commission Act
• 2 Homeowners Loan Act
• 2 Home Ownership And Equity Protection Act
• 5 State of California Consumer Statutes
• 1 State of Florida Consumer Statutes
• 2 State of Illinois Consumer Statutes
• 1 State of Maryland Consumer Statutes
• 1 State of Michigan Consumer Statutes
• 1 State of North Carolina Consumer Statutes
• 2 State of West Virginia Consumer Statutes
• 6 Real Estate Settlement Procedures Act
• 1 Right to Financial Privacy Act
• 1 Racketeer Influenced and Corrupt Organizations Act
Summary:
- Of those cases, there were about 577 unique plaintiffs (including multiple plaintiffs in one suit)
- Of those plaintiffs, about 182 had sued under consumer statutes before
- Combined, those 182 plaintiffs have filed about 1042 lawsuits since 2001
- Actions were filed in 106 different US District Court branches
- About 541 different collection firms and creditors were sued
The top courts where lawsuits were filed:
• 35 Lawsuits: Illinois Northern District Court – Chicago
• 25 Lawsuits: California Central District Court – Western Division – Los Angeles
• 24 Lawsuits: Colorado District Court – Denver
• 20 Lawsuits: Pennsylvania Eastern District Court – Philadelphia
• 19 Lawsuits: Florida Southern District Court – Fort Lauderdale
• 16 Lawsuits: Georgia Northern District Court – Atlanta
• 16 Lawsuits: Minnesota District Court – DMN
• 16 Lawsuits: Connecticut District Court – New Haven
• 13 Lawsuits: New York Eastern District Court – Brooklyn
• 13 Lawsuits: Maryland District Court – Baltimore
The most active consumer attorneys were:
• Representing 25 Consumers: Sergei Lemberg
• Representing 21 Consumers: Donald A. Yarbrough
• Representing 15 Consumers: Brent F. Vullings
• Representing 14 Consumers: Mark H. Rephen
• Representing 12 Consumers: David Michael Larson
• Representing 12 Consumers: Forrest E. Mays
• Representing 11 Consumers: Daniel S. Blinn
• Representing 10 Consumers: David M. Marco
• Representing 10 Consumers: Lara Ruth Shapiro
• Representing 10 Consumers: Jody B. Burton
Statistics Year to Date: 5306 total lawsuits for 2010, including:
• 4518 FDCPA
• 466 FCRA
• 21 TCPA
• 189 TILA (Truth in Lending Act)
Number of unique Plaintiffs: 5234 (including multiple plaintiffs in one suit)
The most active consumer attorneys of the year:
• Representing 172 Consumers: Sergei Lemberg
• Representing 159 Consumers: Brent F. Vullings
• Representing 132 Consumers: David Michael Larson
• Representing 125 Consumers: Ryan Scott Lee
• Representing 115 Consumers: Todd Michael Friedman
About WebRecon LLC
Creditors and collection firms use WebRecon’s services to easily segregate predictably litigious consumers from their databases. A significant percentage of consumer litigation is initiated by the same consumers over and over again, and screening them out of the general population can reduce lawsuits by as much as a third.
For more information, please contact:
Jack Gordon, CEO
WebRecon LLC, The FDCPA Litigant Alert
Web: www.WebRecon.com
Email: admin@webrecon.net
Phone: (616) 682-5327