The "zombie debts" were once legitimate but have since been paid off, settled, discharged in bankruptcy or rendered uncollectible by state statutes of limitations.
November 06, 2018 at 04:59 PM
1 minute read
A federal lawsuit in Camden seeks damages on behalf of a class of consumers who were the targets of efforts to collect so-called zombie debt.
LVNV Funding, Resurgent Capital Services, and 10 shell and holding companies face a putative class action in U.S. District Court for efforts to collect old and expired debts from consumers. The suit was filed in Superior Court in Gloucester County on Sept. 28 and removed to federal court Monday.
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