Collection of Unlawful Debt Law and Legal Definition

Collection of unlawful debt is defined as including only "a debt (A) incurred or contracted in gambling activity and (B) which was incurred in connection with the business of lending money at a rate usurious under State or Federal law." Castrillo v. Am. Home Mortg. Servicing, Inc., 2009 U.S. Dist. LEXIS 106909 (E.D. La. Nov. 16, 2009)