Monarch Recovery Management Sued Over Collection Letter’s Allegedly False Implications

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Monarch Recovery Management, Inc. is facing a proposed class action that claims the debt collector falsely implied to a consumer that the amount of his alleged debt was increasing. According to the complaint, the plaintiff received a debt collection letter from the defendant that stated his total balance “as of the date of this letter,” which, the suit argues, suggests that the amount could change in the future.

“[The defendant] did not provide any information regarding the rate of interest, the nature of the other charges, how any such charges would be calculated or what portion of the balance due, if any, reflects already accrued interest, late charges or other charges,” the case reads, adding that the plaintiff’s debt was charged off and, unbeknownst to him, would not be subject to any additional fees.