Lawsuit Alleges FBCS Failed to Disclose Possible Renewal of Time-Barred Debt

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Financial Business and Consumer Solutions, Inc., which does business as FBCS, Inc., is on the receiving end of a proposed class action filed by a Kentucky consumer who claims the debt collector sent him a misleading letter concerning his time-barred debt.

The suit says that the defendant sent the plaintiff a letter in January 2018 in an attempt to collect a $1,425.49 obligation owed to Verizon Wireless. According to the complaint, the notice included a settlement offer for which the plaintiff could pay half his outstanding balance in three installments. The case alleges, however, that the letter failed to warn the plaintiff that making a partial payment or accepting the offer may renew the statute of limitations on his debt and expose him to possible litigation.

Lastly, the complaint takes issue with the letter’s allegedly “improper and confusing” disclosure of the debt’s time-barred status. The disclosure was printed on the reverse side of the letter, the case says, adding that the plaintiff could have easily missed it.