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)