In a non-precedential ruling, the Court of Appeals for the Third Circuit upheld a district court decision to grant summary judgment in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act.
USA, Banking, Company & Commercial, Insolvency & Restructuring, Litigation, Troutman Pepper, Title 11 of the US Code, Fair Debt Collection Practices Act 1977 (USA)
In Witt v. United Cos. Lending Corp. (“In re Witt”), 113 F.3d 508 (4th Cir. 1997), the Fourth Circuit held that Chapter 13 debtors are not permitted to bifurcate undersecured home mortgage loans into separate secured and unsecured claims. In re Witt, 113 F.3d at 509. Recently, the Court overruled this twenty-two-year-old decision in an en banc opinion, Hurlburt v. Black, No. 17-2449, 2019 WL 2237966 (4th Cir. 2019).
USA, Banking, Insolvency & Restructuring, Litigation, Troutman Pepper, Debtor, Federal Reserve (USA), Title 11 of the US Code