Troutman Sanders

MARCH 1, 2023

We expect that additional states will continue to push legislation forward in this area, as legislators in Connecticut, Maryland, and Missouri have also introduced bills this year.

Collateral 52

Collateral Banks 52

Collection Industry News

JANUARY 13, 2024

Our experts used debt statistics from the NYFRB broken down by debt category and down to the state level to get a detailed picture of what kinds of debt Americans are holding and where they are holding it. The largest increase in any category was credit card debt, which swelled by 16.6% At the start of the year, U.S. on the year.

Credit Card Debt 40

Credit Card Debt Student loans Student Loans Bankruptcy 40

Collection Industry News

JUNE 20, 2022

The DFPI’s final regulations address seven categories of commercial financing transactions: Closed-End Transactions. All Other Transactions (a catchall for transactions that don’t fit in the six specific categories above). Open-End Credit Plans. General Factoring. Sales-Based Financing (e.g., merchant cash advances). Lease Financing.

Government 40

Government Loans Banks Lender 40

Troutman Sanders

JANUARY 9, 2023

DentalPlans is currently facing a TCPA class action in the District Court of Maryland after the plaintiff allegedly received repeated calls from DentalPlans seeking a renewal of the plaintiff’s plan. 47 U.S.C. § Act of 1991 , 21 F.C.C.R 3787, 3812(F.C.C.,

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ABI

JANUARY 13, 2022

American Bankruptcy Institute Law Review Staff. . In In re McPherson , a Maryland bankruptcy court held that when a prepetition contract contains an arbitration clause, the bankruptcy court must defer to the arbitration as to the prepetition noncore claims. [1] Sarah Hautzinger. John’s University School of Law. CashCall, Inc.

Bankruptcy 40

Bankruptcy Debtor Creditors 40

Collection Industry News

AUGUST 30, 2021

In introducing Resolution 512 , Christopher Jennison, the Maryland State Bar Association delegate and Young Lawyers Division assembly speaker, said that “student debt is a real and present crisis.”. It was the second-highest consumer debt category, behind only mortgages. In 2019, more than 44 million borrowers owed more than $1.5

Student loans 40

Student loans Student Loans Bankruptcy Loans 40

Better Credit Blog

NOVEMBER 12, 2021

According to Experian’s report, State of the Automotive Finance Market, Q2 2020 , all potential borrowers belong to one of the categories below. The Minimum Credit Score for Buying A Car. Credit Score Range. Superprime. Deep subprime. Lenders generally offer car loans to borrowers in the prime range or higher.

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Loans Lender Credit Unions Credit Unions 52