Collection Letter That Failed to State Interest or Fees No Longer Accruing Does Not Violate FDCPA

On May 18, 2017 a federal judge in New York ruled that a debt collector did not, as a matter of law, violate the Fair Debt Collection Practices Act (FDCPA) because its letter to the consumer “did not specifically state that interest or fees had stopped accruing on the account.” The case is Taylor v. Financial Recovery Services, Inc. (Case No. 15-4685, U.S.D.C Southern District of New York). A copy of the court’s opinion and order can be found here. 

Background 

In 2010 plaintiff Christine Taylor opened a credit card account, which she used to buy personal and household items. After she defaulted on her credit card payments in 2015, the balance due on her credit card statement increased each month due to interest and fees.