Crucial Collection Law Update: Common Sense Prevails in West Virginia ("The Debt Collection Drill")

The West Virginia Consumer Credit Protection Act, and how it was interpreted by consumer attorneys in West Virginia, was the primary reason that the State of West Virginia had previously been described as one of the most “treacherous” places in the country for debt collectors. Lawsuits were routinely commenced in West Virginia state courts seeking hundreds of thousands of dollars in statutory damages when the consumer suffered no injury.

In this most recent episode of The Debt Collection Drill audio blog, attorneys John Rossman and Mike Poncin examine in detail the recent “common sense” changes to the law in West Virginia and how these changes will impact the debt industry.