PBWT

JANUARY 19, 2021

In 2019, we began following a Circuit split regarding a secured creditor’s obligation to return collateral that it lawfully repossessed pre-petition after receiving notice of a debtor’s bankruptcy filing. i] In re Denby-Peterson , 941 F.3d 3d 115, 126 (3d Cir. ii] In re Fulton , 926 F.3d 3d 916, 924 (7th Cir.

Bankruptcy 65

Bankruptcy Debtor Creditors Secured Creditor 65

Troutman Sanders

DECEMBER 4, 2023

On November 21, the CFPB announced that it approved an application that marks the first step for piloting disclosures for construction loans. The DFPI also provided advice on how consumers can safeguard against these scams, emphasizing that if an offer appears too good to be true, it likely is. For more information, click here.

Financial services 52

Financial services Collateral Banks Trade 52

Burr Forman

DECEMBER 4, 2020

The new bill issued a moratorium on evictions, foreclosures, and repossessions, which expired on June 30, 2020. Pritzker issued Executive Order 2020-16 , which suspended the repossession of vehicles during the duration of the COVID-19 Gubernatorial Disaster Proclamation. This guidance is set to expire March 31, 2021.

Financial Institution 52

Financial Institution Garnishment Collections Foreclosure 52