Appeals court rules in favor of credit unions in FCDPA lawsuit

The 11^th Circuit Court of Appeals vacated the plaintiff’s standing Thursday in Hunstein v. Preferred Collection and Management Services Inc., a Fair Debt Collection Practices Act (FDCPA) lawsuit.

CUNA filed a brief stating that a ruling for the plaintiff would threaten the functioning of debt collectors, mortgage servicers, and the broader financial services industry.

CUNA filed its brief in January with the Chamber of Commerce and multiple bank trade associations stating:

• The appellant has not established injury to provide the court with jurisdiction.

 

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