Monarch Recovery Management Hit with Class Action Over Debt Collection Letters

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Monarch Recovery Management, Inc. has been hit with a proposed class action lawsuit in New York alleging the company violated the Fair Debt Collection Practices Act in its debt collection letters. According to the suit, the “total balance” listed on the plaintiff’s letter was increasing – but came with no disclosure, as required by law, that it could increase over time. The suit seeks to certify a class of New York consumers who received from the defendant a collection letter regarding a debt owed to Synchrony Bank that violated the Fair Debt Collection Practices Act.