FMA Alliance Misrepresented Time-Barred Debt in Collection Notice, Lawsuit Says
by Nadia Abbas
Last Updated on November 7, 2018
Magomedov, Individually And on Behalf of All Others Similarly Situated v. Fma Alliance, Ltd. et al
Filed: November 2, 2018 ◆§ 1:18cv6151
FMA Alliance is the defendant in a proposed class action that alleges the company engaged in abusive collection activities concerning a time-barred debt.
FMA Alliance, Ltd. is the defendant in a proposed class action that alleges the company engaged in abusive collection activities concerning a time-barred debt.
The lawsuit takes issue with a June 2018 letter sent to a New York consumer regarding a debt incurred to M and T Bank. The case alleges the notice failed to disclose that the debt was time-barred, and that any payment made may revive its statute of limitations.
In sum, the suit charges the defendant failed “to clearly state the legal status of the debt and potential ramifications for paying or not paying.”
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