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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

NOVEMBER 13, 2023

Among other things, the updated draft includes the following: ○ Employees of debt collectors are not required to be licensed under the DCLA when acting within the scope of their employment by a licensed debt collector; ○ A creditor, including a provider of nonfinancial services, seeking repayment in its own name of consumer debt arising from a consumer (..)

Financial services

Financial services Manufacturing Debt Management Debtor

Is The CFBP's Position On Credit Reporting Statements Consistent With The Case Law?

FDCPA Defense

MAY 6, 2014

The Ninth Circuit rejected the consumer’s claim that the letter violated sections 1692e, 1692e(5) and 1692e(10) of the FDCPA, noting that: “The body of the notice was informational, notifying Wade that failure to pay could adversely affect her credit reputation….The Credit Bureau of Georgia, 555 F. MKM Acquisitions, LLC , 241 F.

Creditworthiness

Creditworthiness Debtor Debt collector Consumer Credit

Troutman Pepper Weekly Consumer Financial Services Newsletter

Is The CFBP's Position On Credit Reporting Statements Consistent With The Case Law?

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