Unifund CCR Partners agrees to settle Nebraska class action lawsuit
One of the country’s largest buyers of delinquent debt, Unifund CCR Partners, has agreed to settle a class action lawsuit in Nebraska that questioned its debt collection practices. The lawsuit alleged that Unifund filed numerous lawsuits after the statute of limitations had passed and sought to collect attorneys’ fees it wasn’t entitled to.
The parties agreed to a settlement amount of nearly $150,000. Members of the class that already paid their alleged debts to Unifund will receive between $50 and $65. Class members that haven’t paid their alleged debts to Unifund will get a debt reduction of approximately $125. The two lead class members will each receive $5,500 for their increased roles in the case.
While the award for each class member is minimal, $150,000 is nothing to sneeze at. Hopefully writing a check for such a substantial sum of money will deter Unifund from continuing play fast and loose with its debt collection lawsuits.
Omaha World Herald: Unifund agrees to deal in Neb. collection case