Troutman Sanders

DECEMBER 27, 2021

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities. For more information, click here.

Financial services 52

Financial services Third-party Debt Collectors Debt collector Student loans 52

Troutman Sanders

APRIL 12, 2021

Representative Carolyn Maloney introduced the Student Loan Forgiveness for Frontline Health Workers Act — a new bill seeking to cancel any outstanding student loan debt for frontline health care workers. On April 6, New Mexico Governor Michelle Grisham signed SB 71 — a medical debt collection bill — into law.

Financial services 52

Financial services Debt collector Student loans Student Loans 52

Troutman Sanders

AUGUST 2, 2021

On July 30, the Consumer Financial Protection Bureau (CFPB) announced that two final rules issued under the Fair Debt Collection Practices Act will take effect as planned, on November 30. s debt collection legislation was transmitted to Mayor Bowser for her signature. For more information, click here.

Financial services 52

Financial services Foreclosure Student loans Student Loans 52

Troutman Sanders

APRIL 25, 2022

Federal Activities: On April 18, the Consumer Financial Protection Bureau (CFPB or Bureau) published a blog post , scrutinizing the practice of withholding transcripts from students with delinquent accounts and who are attending an institute of higher education. For more information, click here. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Education 52

Burr Forman

MAY 20, 2021

2547 (the “Comprehensive Debt Collection Improvement Act” or “CDCIA”). Originally introduced by House Financial Services Chairwoman Maxine Waters, the CDCIA’s primary purpose is to provide additional financial protections for consumers and place restrictions on debt collection activities by amending several consumer finance statutes.

Collections 52

Collections Debt collector Student loans Student Loans 52

Troutman Sanders

APRIL 26, 2021

Federal Activities: On April 22, the Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James filed a complaint in federal court to seize a $1.6 million home that alleged a fraudulent transfer by the operator of a debt-collection scheme. For more information, click here. On April 22, the U.S.

Financial services 52

Financial services Debt collector Loans Banks 52

True Accord

APRIL 5, 2023

With uncertainties about how the end of various pandemic-era benefits will impact consumers, it’s more important than ever for creditors and collectors to implement strategies that consider consumer situations and preferences when attempting to collect. If successful, many consumers will see their overall debt burden decrease.

Student loans 94

Student loans Student Loans Credit Card Debt Loans 94

Troutman Sanders

MARCH 8, 2021

The stimulus package includes a provision that would end the current policy of considering any student debt forgiven taxable income. Currently, any student loan debt canceled by the government can be considered taxable and levied at the borrower’s normal income tax rate. House of Representatives for approval.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Debt Collection Answers

MAY 18, 2023

Have you been getting calls from 214-658-1724 or been receiving mailers from PO Box 55848 Sherman Oaks CA claiming you have unpaid debt that needs to be taken care of? This is Caine and Weiner, a collection agency. Caine and Weiner specialize in reporting collections accounts on credit reports. Who are Caine and Weiner?

Collection Agencies 52

Collection Agencies Collections Agency Student loans Student Loans 52

Collection Industry News

MAY 18, 2021

Despite objections from CUNA and NAFCU, the House of Representatives passed the Comprehensive Debt Collection Improvement Act on Thursday. 2547 was sponsored by House Financial Services Committee Chairwoman Rep. Require discharge of private student loans due to total and permanent disability. Source: site.

Lender 40

Lender Foreclosure Collections Debt collector 40

Better Credit Blog

APRIL 1, 2022

If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. They recently acquired Alltran Financial Services in 2020. Have a Professional Remove the Collection.

Collection Agencies 77

Collection Agencies Collections Agency Garnishment Fair Debt Collection 77

Better Credit Blog

NOVEMBER 23, 2020

When a missed payment goes into collections, it can make your daily life stressful and wreak havoc on your credit score. Whether it’s for a $50 cable bill or a $5,000 hospital bill, a collections entry will stay on your credit report for seven years. or FMS Corp, is a third-party debt collection agency headquartered in Tulsa, Oklahoma.

Debt collector 52

Debt collector Collection Agencies Collections Agency Collections 52