Monarch Recovery Management Facing Two Debt Collection Actions

New to ClassAction.org? Read our Newswire Disclaimer

Two New York consumers have filed separate proposed class actions that allege Monarch Recovery Management, Inc. violated the Fair Debt Collection Practices Act (FDCPA). Each lawsuit, filed in New York, cites obligations ostensibly owed by the plaintiffs to Synchrony Bank. Both plaintiffs allege Monarch Recovery Management sent them collection notices in which it failed to disclose whether their debt amounts may increase due to accruing interest or fees, and thereby failed to clearly convey the amount of debt owed as required by the FDCPA.