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COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)

Burr Forman

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. On August 31, 2020, the state legislature enacted the COVID-19 Tenant Relief Act of 2020.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On June 22, the Federal Reserve Board announced that it will extend the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) until August 11. Attorney General Schmitt filed suit in March 2020 for marketing “silver solution” as a potential cure for the coronavirus.