Pre-judgment Statutory Interest Prohibited on Charged-off Credit Cards in Kentucky
The Kentucky Supreme Court recently held that a debt collection agency seeking prejudgment statutory interest on a “charged off” credit card account was in violation of the Federal Fair Debt Collection Practices Act (FDCPA). Unifund CCR Partners v. Harrell, 2017 Ky. LEXIS 86 (16 Feb 2017). In Harrell, a consumer […]
