A jury in Missouri recently awarded $251,000 in damages to a local woman who was wrongfully sued by a debt collector — more than 222 times the amount she’d been sued over — but that’s nothing compared to the additional $82.99 million in punitive damages assessed against the collection company. [More]
collecting from the collectors
Last year, a woman in West Virginia won a $10 million lawsuit against a collections agency she’d accused of using deception and threats in an attempt to collect a non-existent debt. But considering that no one from the agency even showed up at the trial, it seems unlikely that she’ll ever see a nickel.