May 21, 2016. A consumer in the Maryland courts just obtained a $38 million verdict against LVNV Funding, LLC, the largest judgment against a debt collector in Maryland history. The award will reportedly be split among 1,589 people. The case was a class action which alleged that LVNV had taken judgments against consumers without obtaining the required collection agency license. “What we asked the jury to do was to not just return the illegal money that was taken, but to also return the profits that were made from that money,” said Phillip Robinson, an attorney with the Consumer Law Center LLC. Here is a link to a summary of the case. http://www.wbaltv.com/money/jury-hits-debt-collector-with-38m-judgment/39657226
The case is similar to a pending class action brought by the Trueblood Law Firm and the Law Office of Brandon A. Block, against a self-styled “repossession forwarder,” Par, Inc. dba Par North America. In the class action, our client alleges that Par, Inc. arranged and profited from car repossessions in California for years, without ever obtaining a repossession license with the California Department of Consumer Affairs. Par was involved in approximately 37,523 car repossessions in California between March, 2011 and March, 2015. Assuming that Par charged an average of $390 per repossession (an estimate based on what our client was charged), the lawsuit may require Par to disgorge over $14.5 million to consumers. The case is Clark v. Par, Inc., United States District Court, Central District of California, Case No. 15-CV-02322 MWF (FFMx).