A North Carolina Superior Court Judge has approved a settlement valued at more than $7 million dollars ($3,750,000.00 in cash and $3,279,343.55 in debt waiver) for claims under state unfair debt collection statutes filed on behalf of tenants of Southwood Realty Company, a North Carolina property management company.
Bridge Property Management (Wake County) also agreed to pay $505,000, and Grubb Management (Raleigh) will pay $475,000.
The class action, initially filed in Cumberland County Superior Court on September 1, 2018, alleged that Southwood Realty Company violated the Residential Rental Agreements Act, N.C.G.S. § 42-46 by charging and collecting various fees in connection with filing eviction actions.
The Plaintiff, Angela Stewart, was represented by attorneys Edward H. Maginnnis and Karl S. Gwaltney with Maginnis Howard and Scott Harris and Patrick Wallace at Whitfield Bryson LLP.