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01/31/2012 11:21:58 AM EST

Federal Judge Dismisses Action Alleging Wrongful Foreclosure Against GMAC

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LexisNexis® Financial Services Litigation News

ATHENS, Ga. - Finding that the plaintiffs' complaint contains only conclusory allegations, a federal judge in Georgia on Dec. 28 granted GMAC Mortgage LLC's motion to dismiss a suit claiming that GMAC wrongfully foreclosed on their property in violation of the Fair Debt Collection Practices Act and other statutes (Gibbs, et al v. GMAC Mortgage LLC, No. 11-00121, M.D. Ga.; 2011 U.S. Dist. LEXIS 148597). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com