Troutman Sanders

MARCH 1, 2023

A lender must enforce the debt through foreclosure or a lawsuit within six years after the cause of action accrues. The Arizona Court of Appeals and Arizona Supreme Court have issued numerous opinions over the last several years clarifying when a cause of action accrues for mortgages and credit card debt.

Foreclosure 52

Foreclosure Credit Card Debt Lender Financial Institution 52

Troutman Sanders

OCTOBER 4, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. In reviewing the market for potential consumer harm, the report presents the latest research on consumer card use, cost, and availability.

Financial services 52

Financial services Financial Institution Foreclosure Student loans 52

Troutman Sanders

MAY 9, 2023

On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam. The FTC charged the defendants with taking tens of millions of dollars from people by falsely promising to eliminate or substantially reduce their credit card debt.

Financial services 52

Financial services Student loans Student Loans Loans 52