According to WebRecon, a Michigan based bureau that tracks consumer protection lawsuits, FCRA, FDCPA and TCPA suits continue pace to match the record numbers set in 2011.
FDCPA lawsuits filed in the first half of October 2012 are up 13% from the same time period in 2011.
FCRA lawsuits filed in the first half of October 2012 are up 35% from the same time period in 2011.
TCPA lawsuits filed in the first half of October 2012 are up 33% from the same time period in 2011.
Year to date FDCPA lawsuits are down 8% at 9117 versus same time period in 2011, which numbered 9902.
FCRA lawsuits are up 16% at 1825 compared to 1571 during the same time period in 2011.
TCPA lawsuits are up an impressive 51% year to date 2012 compared to same time period in 2011.
Many of the FDCPA and FCRA lawsuits will work their way through the process to the point where the attorneys involved need the help of credit expert witnesses with FCRA, FDCPA, credit report, credit score and credit damage expertise.
If you’re in need of an expert witness please feel free to give me a call to discuss the facts of your case. I’ve been an expert witness in over 100 credit related cases, have testified at trial or deposition 33 times, have 21+ years of experience in the credit industry, hold multiple credit related certifications, have been published several hundred times on the various consumer credit related topics, have been quoted over 1,000 times over the past 5 years, have written 4 books about credit, guest lecture at the University of Georgia and The Westminster Schools, write about consumer credit for Mint.com, CreditSesame.com, SmartCredit.com and the National Foundation for Credit Counseling, and have been qualified to testify in both Federal and state courts on the topic.
Credit Reporting Expert Witness, John Ulzheimer, is the President of Consumer Education at SmartCredit.com, the credit blogger for Mint.com, and a Contributor for the National Foundation for Credit Counseling. John is twice FCRA certified by the credit industry’s trade association. He is an expert on credit reporting, credit scoring and identity theft. Formerly of FICO, Equifax and Credit.com, John is the only recognized credit expert witness who actually comes from the credit industry and has worked for a credit bureau and a credit score developer.