Interactive Data’s SSN driven FDCPA/TCPA litigation database, in partnership with FDCPA Case Listing Service, proactively identified over 1.5 million litigants for their customers in 2010, reducing their exposure to potential FDCPA/TCPA litigation defense costs by over $4.7B for the year.
John Schaeffer, managing member of Interactive Data, LLC said “Our proprietary matching software is designed to meet the challenges of accurately identifying the litigant for our clients and only identifies types of litigation that are specific to the collections industry.”
FDCPA Litigation is a fact of life for every collection agency, debt buyer and creditor rights attorney. Case totals for 2010 reached 10,188, representing a total of 11,020 Plaintiffs in United States District Courts.
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