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Cy Pres Award Goes to North Carolina Justice Center Following Successful FDCPA Settlement by Attorneys at Maginnis Law and James Scott Farrin


The North Carolina Justice Center will receive $62,000 in “cy pres” funds that remain from a recent class action settlement. Ed Maginnis and Karl Gwaltney from Maginnis Law in Raleigh, with help from attorneys from James Scott Farrin, represented consumer debtors in a class action alleging that the defendant violated the Fair Debt Collection Practices Act (FDCPA) and the North Carolina Collection Agency Act (NCCAA) by attempting to collect debts that had been eliminated through bankruptcy.

A federal court approved the total settlement of $1.2 million on May 29, 2019. After the attorneys supervised two rounds of distribution to Class members, about $62,000 remained as a result of Class members not cashing the checks sent to them. The results of the case can be found here.

 

 

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