Consumer Collections Financial Institution Garnishment Student Loans 
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.
Troutman Sanders
JULY 7, 2021
On June 30, the Federal Financial Institutions Examination Council (FFIEC) issued a new booklet in the FFIEC Information Technology Examination Handbook series, titled, “Architecture, Infrastructure, and Operations.” Under the newly enacted law, consumers now can protect $500 per week of their wages, up from $290 a week.
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