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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On October 26, the Nevada’s Financial Institutions Division is holding a workshop on regulations pertaining to medical debt collections and S.B.

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Debt Collectors Are Thriving This Year – And Now They’re Filing Even More Suits

Collection Industry News

Finding themselves with enough money to settle old debts, people responded to collectors’ calls and letters. Debt-buying executives couldn’t help marveling at their good fortune. The company is currently not seeking new orders to seize debtors’ wages or bank account funds, she said. It is, however, seizing wages.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On June 19, while delivering remarks at an annual International Monetary Fund (IMF) Policy Roundtable hosted in Rabat, Morocco, Managing Director Kristalina Georgieva revealed that the IMF is “working on the concept of a global [central bank digital currency (CBDC)] platform.” For more information, click here.