Borrowers Adequately Pleaded FDCPA Claim, Federal Judge Rules

Mealey's (May 3, 2018, 1:27 PM EDT) -- CHICAGO — After finding that borrowers sufficiently pleaded that they were allegedly misled into believing they were eligible for a deed in lieu of foreclosure, an Illinois federal judge on May 1 denied a request by lenders to dismiss their claim for violation of the Fair Debt Collection Procedures Act (FDCPA) (Cedric Ivey, et al. v. Deutsche Bank National Trust Company, et al., No. 17-cv-2986, N.D. Ill., 2018 U.S. Dist. LEXIS 73475)....