Troutman Sanders

JULY 7, 2021

Some consumers reported facing homelessness because of the negative impact of an eviction on their credit history reported by debt collectors. The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. For more information, click here.

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Burr Forman

DECEMBER 4, 2020

Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumer loan servicing and debt collection. This order was extended until December 31, 2020.

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Troutman Sanders

AUGUST 2, 2021

On July 29, Virginia Attorney General Mark Herring announced that he joined a multistate amicus brief , advocating for the rights of federal student loan borrowers. On July 26, Georgia Attorney General Chris Carr announced Georgia’s top consumer complaints for 2020. For more information, click here.

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Troutman Sanders

JUNE 28, 2021

Senators Elizabeth Warren, Tina Smith, Sherrod Brown, and Edward Markey wrote a letter to President Joe Biden, signed by 60 other lawmakers, requesting that that he extend the pause of federal student loan payments for at least six months or whenever employment returns to pre-pandemic levels. For more information, click here.

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