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Make Sure to Verify a Debt Collection Affidavit Before Signing

FFGN COLLECT NY

Chase was one of 13 financial institution censured for robo-signing documents in support of debt collection suits and foreclosure. If you are the person at the creditor’s company responsible for signing and or processing these affidavits, please do not just sign them as a matter of course.

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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. Colorado – On June 29, 2020, the Colorado legislature enacted Senate Bill 20-211.

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Burr & Forman Names Eight New Partners Across Five Offices

Burr Forman

From Burr & Forman’s Greenville office: Rachel Gilbert is a member of the firm’s Health Care Practice Group, focusing on assisting hospital clients with regulatory compliance, transactions, financial strategies, and advocacy related to participation in federal and state reimbursement programs.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

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. You may access this interactive tool at [link]. State Activities. Privacy and Cybersecurity Activities. For more information, click here.

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Filing a Proof of Claim in Bankruptcy: What You Need to Know

Fraser

A creditor with a claim must often take affirmative action by filing a “proof of claim” form in order to preserve and protect its rights to payment. Even when a claim is scheduled, and assuming there are no reasons not to (see below), a creditor may choose to file a claim to guard against a debtor modifying or removing its scheduled claim.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

NSF fees are distinct from overdraft fees, which financial institutions charge when they pay, rather than decline, a payment when the account lacks sufficient funds. On October 11, the CFPB published its analysis regarding the nonsufficient fund (NSF) fee practices of a number of banks and credit unions. On October 10, D.C.

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What is NTB/CBNA on My Credit Report?

Better Credit Blog

Citibank is a major financial institution that offers credit cards in partnership with numerous retailers, including: Best Buy. Hard credit pulls let creditors see your credit reports , giving them an idea of how responsibly you use credit. Foreclosure. NTB/CBNA On My Credit Report. Brooks Brothers. The Home Depot.