Debt buyers and their collection agencies should review their accounts' underlying purchase agreements in the Northern District of Illinois (N.D. Ill.) because a trend is emerging about whether or not debt buyers can collect post-charge-off interest. In a recent decision in Tabiti v. LVNV Funding, LLC, et al., No. 13-cv-7198 (N.D. Ill. Mar. 27, 2019), the court found that the language of the purchase agreement as well as the original creditor's waiver precluded a debt buyer and its collection agencies from collecting post-charge-off interest.
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