Remove 2011 12
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Council writes off £1.5m Business debt owed by College

UK debt collections

Burton Manor College in Wirral closed more than 12 years ago. After racking up debts due to low take-up of courses, the city council indicated it would cut the college’s budget – and the college closed in 2011. ” As the college has been shut for 12 years, the business debt is seen as no longer recoverable. .

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New study confirms that few consumers complain to government agencies about consumer fraud

Public Citizen

Here is the abstract: Utilizing data from surveys of mass-market consumer fraud sponsored by the Federal Trade Commission in 2005, 2011, and 2017, this paper explores whether victims of such mass-market consumer frauds complain to anyone beyond their families and friends about being victimized, and if they do complain, to whom they complain.

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Supreme Court case may gut the CFPB: Consumer watchdog’s ‘future is on the line,’ group says

Collection Industry News

For example, any rules the CFPB has issued in the past 12 years — whether about credit cards, mortgages, payday loans or debt collection, for example — could be nullified, experts said. The CFPB was established in 2011 by the Dodd-Frank financial reform law in the wake of the Great Recession.

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South Carolina Professor Loses Breach of Employment Contract Case

Burr Forman

Erskine College governed by The College Faculty Handbook.” The college president satisfied the first step (preliminary proceedings) by meeting with Erskine on August 6, 2011. The second step (formal proceedings) was satisfied on August 12, when the president sent an e-mail and a letter to the professor.

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The Long Road Ahead? Puerto Rico Oversight Board Files Proposed Plan To Restructure The Commonwealth’s Debt And Other Claims

BN Lawyers

It reduces the Commonwealth’s $35 billion of total liabilities –bonds and other claims – by more than 60%, to $12 billion. Oversight Board published a comprehensive independent analysis of the Government of Puerto Rico’s pension systems, as required under Section 211 of PROMESA. It includes an 8.5% billion to $1.5

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FDIC has tough task persuading unbanked to deposit stimulus checks

Collection Industry News

WASHINGTON — As the government urges the unbanked to open accounts to deposit pandemic relief funds, some experts highlight a somewhat obvious challenge for the effort. Source: site. If someone was unwilling to become a bank customer before, why would they change their mind now? The Federal Deposit Insurance Corp.

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Bankruptcy Court May Refrain from Enforcing a Valid Arbitration Clause

ABI

12] Consequently, it was Acis LP and not the trustee that opposed Highland’s motion for arbitration, arguing that there was no arbitration provision, but “if there are applicable arbitration clauses, the court [] should exercise discretion and decline to order arbitration, since. 12] See In re Acis Capital Mgmt., 10] See id.