Category Archives: Blog/Litigation Stats
WebRecon Stats for Jan 2017: Happy New Year… for Plaintiffs
Quick analysis: Happy New Year… for Plaintiffs It looks like 2017 is starting off with a litigation uptick across the board. FDCPA: Jan was up 4.3% over (prev month) Dec, and 4.1% over (previous year) Jan 2016 TCPA: Jan was up 11% over (prev month) Dec, and 11.7% over (previous year) Jan 2016 FCRA: Jan was…
2016 Year in Review: FDCPA Down, FCRA & TCPA Up
Quick analysis: 2016 Year in Review: FDCPA 12% Down, FCRA Up 3.9% & TCPA Up 31.8% 2016 ended about as we expected, with: A significant loss of traction for FDCPA, down 12% from 2015 (though, notably, still higher than 2014) FCRA more or less treading water with a less-than-anticipated 3.9% growth rate from 2015, but maintaining…
Happy Holidays: FDCPA to crack 10k, TCPA to miss important milestone…
Quick analysis: Happy Holidays: FDCPA to crack 10k, TCPA to miss important milestone… Well, with the year almost over, it seems safe to make a couple of predictions about how consumer litigation will shake out for 2016. First, FDCPA cases will break 10k for the year 2016 in December, but it will fall far short from…
TCPA Cracks 4k, Smashes Record with 2 Months Still to Go, 5k in Sight?: October 2016 Stats from WebRecon
Quick analysis: October was a mixed bag compared to September: FDPCA was down by 10.3%, FCRA up by a whopping 25.4% and TCPA essentially broke even with 450 cases, up just one from September’s 249. Even though TCPA was unmoved, it did reach an important milestone with another one very likely imminent. It smashed through the…
Do you remember… when September was still unpredictable? Debt Collection Litigation & CFPB Complaint Stats, Sept 2016
Quick analysis: Do you remember… when September was still unpredictable? FDCPA filings in September had an almost 10% increase over those in August, while FCRA dipped by 26% and TCPA reversed a big August slump and grew by almost 14%. However, all statutes are still on track to fulfill destinies that were set early this year.…
Same As It Ever Was… FDCPA Snaps 5 Month Decline: Debt Collection Litigation & CFPB Complaint Stats, August 2016
Quick analysis: August… same as it ever was. With one slight exception, August continued many of the patterns that have become common this year. That exception? FDCPA lawsuits snapped a five-month losing streak in terms of month-over-month filings. Even so, it was only with a 1.4% increase, and it wasn’t enough to break the YTD trend…
Slip Slidin’ Away… FDCPA Trending Down 5 Months in a Row: Debt Collection Litigation & CFPB Complaint Stats, July 2016
Quick analysis: Slip Slidin’ Away… FDCPA Trending Down 5 Months in a Row. It is mostly business as usual for the month of July, 2016. FDCPA and FCRA are down over last month (fairly significantly with 12.6% and 35.1% drops respectively), and TCPA is up 13.1%. Year to date, FDCPA is down from 2015 by 12.8%,…
Back on Track… Debt Collection Litigation & CFPB Complaint Stats, June 2016
Quick analysis: After a May that saw declines across the board, June picked up steam with increases in court filings for all three of the main consumer statutes (FDCPA, TCPA and FCRA). FCRA led the charge with a robust 34.5% uptick in June, followed by FDCPA with an 11% increase and TCPA with a relatively anemic…
A Summer Reprieve… Debt Collection Litigation & CFPB Complaint Stats, May 2016
Quick analysis: A Summer Reprieve… Welcome to summer! Everything is significantly down in May 2016 consumer complaints. TCPA is leading the charge with a 19.6% drop from April, while FDCPA and FCRA trail a bit behind at 14.8% and 15.4% down, respectively. Even CFPB complaints are down more than usual, with a 14.6% drop from an…
An Unstable Front-Runner…Debt Collection Litigation & CFPB Complaint Statistics, April 2016
Quick analysis: An Unstable Front-Runner… No, not in politics – in consumer litigation. The Fair Debt Collection Practices Act regularly proves to be the most unpredictable of consumer statutes when it comes to tracking monthly filings. After an unusually robust increase of 23.6% in March, it posted a small decrease of 2.7% in April keeping it…