An interesting article in today’s Credit and Collection Website details how a name partner at a prominent law firm was hit with a jury verdict of $2.9 million for collection tactics that the jury did not like. Bernard Plechaty, 82, of Fort Lauderdaule, Fla., filed the lawsuit, claiming that Bob Weltman’s collection tactics (and presumably his firm’s collection tactics), were improper and forced him into bankruptcy. Weltman was also hit with attorneys fees of $500,000.
This is a rare case indeed when the debtor gets the better of a collection lawyer. Could this be the beginning of a trend in our economy?