Jimerson Firm
SEPTEMBER 28, 2020
A residential mortgage foreclosure action is initiated in Florida by filing a verified complaint with the appropriate court. It is important for the plaintiff to check the local rules in the county where the foreclosure action is filed to determine if there are any procedural requirements. 49.08, Fla. 1)(c), Fla.
Collection Industry News
MAY 18, 2021
The House Thursday passed legislation making a series of reforms to debt collection requirements. While NAFCU supports efforts to stop abusive debt collection practices, the association had raised concerns about language contained in the bill that would expand the definition of a “debt collector” and increase risks to lenders.
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FFGN COLLECT NY
MARCH 15, 2022
It’s important you verify the information contained in a debt collection affidavit before you sign it. An affidavit is sworn testimony used to support your debt collection case. In 2015, the Federal Trade Commission came down on Chase for robo-signing affidavits. Such is the case again with Chase.
Collection Industry News
JUNE 5, 2022
and North Carolina’s Unfair and Deceptive Trade Practices Act, N.C. Specifically, the NC AG alleged that the defendants unlawfully collected up advance ?fees fees for its services and misleadingly represented that it would provide refunds to consumers in the event that it could not obtain loan modifications or prevent foreclosures.
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. In March of 2020, Burr published an article discussing the global pandemic’s impact on collection practices.
Collections Law
MARCH 10, 2022
At the NAPNAME, our experienced commercial collection attorneys often help subcontractors, general contractors and various suppliers to file and pursue proper mechanic’s liens on their projects. If the owner does not pay for your work, the lien allows you to pursue payment through a judicial foreclosure.
True Accord
AUGUST 11, 2022
August 14 is National Financial Awareness Day , making it an appropriate time to shine a spotlight on initiatives that can help improve consumer financial awareness in the collections space. Overall, lower levels of financial literacy end up contributing to increased rates of bankruptcy, defaults, and foreclosures.
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