2021 12 
True Accord
OCTOBER 10, 2023
Economic stressors persist and are likely contributing to many consumers relying on credit to cover expenses, while the resumption of student loan payments adds another financial obligation to the mix. trillion in student debt under the CARES Act, student loan payments resume this month. in August , lower than the expected 0.2%
Collection Industry News
SEPTEMBER 29, 2020
Just in Time: New Bankruptcy Relief for Small Businesses. million of third-party debt is set to expire early 2021. million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. By Jerrold L.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Troutman Sanders
JANUARY 23, 2024
On January 19, the Federal Court of Appeals for the Third Circuit ordered the bankruptcy court adjudicating the bankruptcy of FTX to appoint an examiner to investigate the collapse of the digital asset exchange. billion in additional student loan debt relief for 73,600 borrowers. billion for 793,400 borrowers since October 2021.
Nexa Collect
APRIL 11, 2021
In November of 2020, some Harvard economists calculated that the pandemic would cost the US at least $16 trillion, provided it ended by fall of 2021. For example, consider leisure and hospitality workers, whose employment fell by over 20% compared to 2019, or book retailers and news dealers, who recorded a 48.9% drop from 2019.
True Accord
JANUARY 10, 2024
The fourth quarter marked the resumption of student loan payments for 22 million Americans, but repayment results were low. million borrowers missed their student loan payment —that’s 40% of loan holders. quarterly increase while auto loan balances rose by $13 billion and now stand at $1.6 a year ago. in November.
Troutman Sanders
JANUARY 17, 2023
On January 12, the Bank for International Settlements issued a bulletin, addressing the recent high-profile failures of crypto firms that have reignited the debate on the appropriate policy response to address the risks in crypto. On January 12, the U.S. For more information, click here. For more information, click here.
Troutman Sanders
OCTOBER 4, 2022
The SEC alleged that Chavez functioned as an unregistered investment adviser in violation of federal securities law, and together, he and Benvenuto raised over $12 million from approximately 5,000 investors. On September 29, an independent examiner was appointed in the Celsius bankruptcy case. For more information, click here.
Expert insights. Personalized for you.
82 
Let's personalize your content