Mealey's Banking & Finance - Judge: Settlement Offer In Debt Collection Suit Deprives Court Of Jurisdiction

Mealey's Banking & Finance - Judge: Settlement Offer In Debt Collection Suit Deprives Court Of Jurisdiction

CHICAGO - Dismissal of a consumer's Fair Debt Collection Practices Act (FDCPA) lawsuit against a debt collector is proper because the debt collector's offer of settlement deprives a federal district court of subject matter jurisdiction, a federal judge in Illinois ruled March 20 (Tara Smith v. Greystone Alliance Inc., No. 09-5585, N.D. Ill.; 2014 U.S. Dist. LEXIS 36512).

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