Dynamic Recovery Solutions Collection Notice for Time-Barred Debt was Misleading, Lawsuit Says

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Dynamic Recovery Solutions, LLC is the defendant in a proposed class action in which the plaintiff claims she received a notice from the company that failed to properly disclose that her debt was time-barred, and that submitting payment would restart the statute of limitations. The complaint says the collection notice presented a current balance while offering to resolve the plaintiff’s $766.85 obligation for a single payment of $498.45 or three payments of $178.93. The lawsuit, however, focuses on what the defendant allegedly did not disclose in the communication.

“The Collection Letter does not advise [the plaintiff] that if [the plaintiff] were to agree to the payment plan offered in the Collection Letter and subsequently defaulted on said payment plan, the current creditor could then sue [the plaintiff] for the full amount of the Consumer Debt,” the complaint reads.

The suit also takes issue with the payment plan offered by the defendant, which reportedly “saves the consumer nothing” while, in truth, attempting to keep the debt from remaining time-barred.