Portfolio Recovery Associates, LLC v. Juanita Schultz, Defendant/Respondent.

Introduction

Portfolio Recovery Associates, LLC (Appellant) appeals from the trial court’s judgment entered in favor of Juanita Schultz (Respondent) on Appellant’s claims and Respondent’s counterclaim. We reverse and remand.

Factual and Procedural Background

Appellant is in the business of purchasing charged-off accounts from original creditors. On September 19, 2012, Appellant filed a three-count petition against Respondent for account stated, money had and received, and breach of contract. Appellant’s petition alleged its claims were based on its purchase of Respondent’s credit card debt with…