CFPB Legal Argument Doesnt Sway SCOTUS in Fair Debt Case
March 11, 2013
A legal argument by the CFPB in a Fair Debt Collection Practices Act case, Marx v. General Revenue Corp., was recently rejected by the Supreme Court of the United States. The SCOTUS ruled that a prevailing defendant can recoup costs even if there is not a court finding that the plaintiff filed suit in bad faith and for the purpose of harassment. In this case, petitioner Marx filed suit, alleging that General Revenue Corp. (GRC) violated the FDCPA by harassing and falsely threatening her in order to collect on...