TMCnet News
Finn Law Group Settles Consumer Class Action Lawsuit Against Bluegreen Corporation over Reporting Delinquent Timeshare Accounts as ForeclosuresA class action settlement has been reached with Bluegreen Corporation, Experian Information Solutions, Inc., and Equifax Information Services, LLC. over allegations that timeshare owners' delinquent accounts were reported as foreclosures in violation of the Fair Credit Reporting Act and Florida debt collection laws. The suit, Best and Snapp, et al. v. Bluegreen Corp., et al., case no. 9:14-cv-80929, was filed July 14, 2014, in the U.S. District Court, Southern District of Florida. The plaintiffs alleged that when they were delinquent, Bluegreen sent a series of letters advising them that they were terminated from the Bluegreen Vacation Club and the status of their accounts may be reported as foreclosures to the credit agencies. While not admitting liability, Bluegreen, Experian, and Equifax agreed to settle the lawsuit. The settlement, which was approved by the court Nov. 6, 2015, provides in part:
To find out more about the class action settlement, please visit www.bgcreditsettlement.com. The Finn Law Group, which has its office in Florida, advocates for consumers in timeshare matters and related debtor-creditor issues. For more information, contact Michael D. Finn by calling 855-346-6529 or [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20151222006023/en/ |