Grand Rapids, Mich. – The following statistics are provided to the ARM industry courtesy of WebRecon LLC.
FDCPA and Other Consumer Rights Lawsuit Statistics, May 1-15, 2010
There were about 495 lawsuits filed under consumer statutes in the first half of May. Here is an approximate breakdown:
- 434 Fair Debt Collection Practices Act
- 37 Fair Credit Reporting Act
- 3 Telephone Consumer Protection Act
- 14 Truth In Lending Act
- 1 Bankruptcy Related
- 4 Electronic Fund Transfers Act
- 1 Home Ownership And Equity Protection Act
- 2 Personal Injury
- 4 State of California Consumer Statutes
- 1 District Of Columbia Consumer Statutes
- 1 State of Illinois Consumer Statutes
- 1 State of West Virginia Consumer Statutes
- 3 Real Estate Settlement Procedures Act
- 1 Right to Financial Privacy Act
Summary:
- Of those cases, there were about 510 unique plaintiffs (including multiple plaintiffs in one suit).
- Of those plaintiffs, about 195 had sued under consumer statutes before.
- Combined, those 195 plaintiffs have filed about 1117 lawsuits since 2001
- Actions were filed in 109 different US District Court branches.
- About 425 different collection firms and creditors were sued.
The top courts where lawsuits were filed:
- 27 Lawsuits: Illinois Northern District Court – Chicago
- 23 Lawsuits: Pennsylvania Eastern District Court – Philadelphia
- 22 Lawsuits: California Central District Court – Western Division – Los Angeles
- 21 Lawsuits: Georgia Northern District Court – Atlanta
- 19 Lawsuits: Florida Southern District Court – Fort Lauderdale
- 19 Lawsuits: New York Eastern District Court – Brooklyn
- 15 Lawsuits: Colorado District Court – Denver
- 14 Lawsuits: New York Eastern District Court – Central Islip
- 13 Lawsuits: Minnesota District Court – DMN
- 12 Lawsuits: New Jersey District Court – Newark
The most active consumer attorneys were:
- Representing 29 Consumers: Donald A. Yarbrough
- Representing 19 Consumers: Sergei Lemberg
- Representing 17 Consumers: Adam Jon Fishbein
- Representing 15 Consumers: Jennifer M. Kurtz
- Representing 13 Consumers: James Marvin Feagle
- Representing 13 Consumers: David J. Philipps
- Representing 13 Consumers: Brent F. Vullings
- Representing 12 Consumers: Jody B. Burton
- Representing 12 Consumers: David Michael Larson
- Representing 11 Consumers: Todd Michael Friedman
Statistics Year to Date
4340 total lawsuits for 2010, including:
- 3701 FDCPA
- 377 FCRA
- 12 TCPA
- 153 TILA (Truth in Lending Act)
Number of unique Plaintiffs: 4306 (including multiple plaintiffs in one suit)
The most active consumer attorneys of the year:
- Representing 134 Consumers: Sergei Lemberg
- Representing 125 Consumers: Brent F. Vullings
- Representing 114 Consumers: Ryan Scott Lee
- Representing 109 Consumers: David Michael Larson
- Representing 107 Consumers: Todd Michael Friedman
About WebRecon LLC
Creditors and collection firms use WebRecon’s (www.webrecon.com) 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.