Bankruptcy Forum

Sueing Lenders for $1000

DavidW
02-06-2008, 02:30 PM
I've heard that when you're trying to repair your credit after a BK, that if you're lenders keep trying to collect, you can sue them to the tune of $1000 per each collection attempt... is this true?

suzyq1971
02-07-2008, 06:38 AM
Creditboards.com is a great place to answer your questions about credit repair.

HHM
02-07-2008, 06:54 AM
Whether you get $1000 per attempt, or $1000 as simply statutory damages for the basket of violations at the time you sue is up in the air.

In any event, since any suit against creditors in this regard tend to be based on federal law (FDCPA, BK Law, etc), you have to sue in federal court, so the lawsuit is not a
simple thing to do.