Collection Industry News

OCTOBER 6, 2020

continue to grow amid the coronavirus pandemic as 22 new companies added their names to a growing list of bankruptcies in 2020 in the last two weeks, an S&P Global Market Intelligence analysis shows. In comparison, private companies must include at least $10 million. Corporate bankruptcies in the U.S. 21 and Oct.

Bankruptcy 52

Bankruptcy Lender Collections 52

PBWT

OCTOBER 5, 2020

On September 29, 2020, the House Judiciary Committee advanced H.R. 7370, Protecting Employees and Retirees in Business Bankruptcies Act of 2020, a Democrat-sponsored bill, to the full chamber. ’s 7370 Senate-equivalent, in the Senate on June 25, 2020 ( full text here ). § 203(a) (2020). 7370, 116th Cong. §

Debtor 65

Debtor Bankruptcy Creditors Collections 65

Collection Industry News

OCTOBER 6, 2020

The agency proposed the rules on March 5, 2020 and scheduled a public hearing on the rules for April 10, 2020, in the midst of widespread shutdowns in the New York City metro area, and received no comments on the rules before allowing them to become effective on June 27.

Collections 40

Collections Creditors Debt collector Closed-end credit 40

Burr Forman

OCTOBER 8, 2020

6, 2020), here. The Advisory requires that ransomware SARS use the reference “CYBER-FIN-2020-A006” in Field 2. The Notice warns of “a widespread, ongoing phishing campaign” soliciting survey responses in an email using the fake domain “@regulation-finra.org.” Notice 20-35 (Oct. That’s more of the same for FINRA.

Financial Institution 40

Financial Institution 40