Scott v. Universal Fidelity Group

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March 19, 1999

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7322 Adjustment and Collection Services
561440 Collection Agencies
bankruptcy
fair market value (FMV), net worth
Scott v. Universal Fidelity Group
42 F. Supp. 2d 837,1999 U.S. Dist. LEXIS 3260
US
Federal Court
Illinois
United States Bankruptcy Court
Keys

Summary

At issue is the meaning of "net worth" under the Fair Debt Collection Practices Act ("the FDCPA").

See Also

Scott v. Universal Fidelity Group

Legal and Court Case Update
March 19, 1999

Scott sought to compel discovery of defendant's financial picture. Discussion of the meaning of "net worth" within the Fair Debt Collection Practices Act ensued.

This article also appears in:
Business Valuation & Bankruptcy Compendium, Third Edition