Chapter 8-6 The Florida Deceptive and Unfair Trade Practices Act (FDUTPA)
8-6 The Florida Deceptive and Unfair Trade Practices Act (FDUTPA)
The Florida Deceptive and Unfair Trade Practices Act (FDUTPA) prohibits "[u]nfair methods of competition, unconscionable acts or practices, and unfair or deceptive acts or practices in the conduct of any trade or commerce. . . ."73 However, since loan servicing and debt collection activities do not fall within the "trade or commerce" requirement of FDUTPA,74 the Act does not lend itself to a defense or counterclaim to foreclosure.
Nevertheless, FDUTPA violations may be asserted as an action for declaratory judgment. A successful declaratory judgment action can include an award of actual damages, as well as attorneys' fees and costs.75 Conversely, if an action for purported violations of FDUTPA appears to be frivolous, void of merit, or brought for the purpose of harassment, the court may require the posting of a bond to indemnify the...
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