Update on Debt Buyer Collection Lawsuits in Indiana - Other Courthouse Trends Noted

I just wanted to post a short note on trends that I have seen filed against consumers in Indiana this year. Since I last visited the topic, in August 2014, there seems to have been a slight decrease in the number of collection lawsuits brought in Indiana. I think that is partially due to an improved economy, and it is partially due to the fact that consumers cut way back in their credit card borrowing during the recession. There has been a corresponding rise in student loan lawsuits. New mortgage foreclosure suits seem to be way down; but on the other hand, lenders seem to be more reluctant to negotiate mortgage modifications in the lawsuits that are filed. This is especially true in cases where the loan was sold to private equity fund like LSF9 Master Participation Trust (serviced by Caliber Home Loans). A troubling trend is lawsuits to collect deficiencies on automobile loans after repossession. If you are looking for an Indiana consumer lawyer, or if you are sued anywhere in Indiana on a collection case, a repossession case, a foreclosure case, or if you have a new collector or attorney trying to collecto on an old judgment, please call my office at 317-662-4529. Below are some companies that frequently file against Indiana consumers: Midland Funding Arrow Financial Services Asset Acceptance LVNV Funding LLC American Acceptance Atlantic Credit & Finance Credit Max CACH, LLC RAB Performance Recovery NCO Financial Unifund Patriot Recovery LLC Portfolio Recovery