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    Victory for Debt Collectors and the Debt Buying Industry
    23 May 2017

    Federal appeals courts have been split on whether filing a proof of claim in bankruptcy on old debt, or obligations that have expired under a statute of limitations, violates the Fair Debt Collection Practices Act. In a victory for debt collectors and the debt buying industry, the Supreme Court clarified this issue on May 15, 2017 with its decision in Midland Funding, LLC v. Johnson, No. 16-348.

    USA, Company & Commercial, Insolvency & Restructuring, Litigation, Dinsmore & Shohl LLP, Title 11 of the US Code, Fair Debt Collection Practices Act 1977 (USA)

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