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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The Office of Enforcement will be responsible for oversight of enforcement actions against postsecondary schools that participate in the federal student loan, grant, and work-study programs. On October 26, the Nevada’s Financial Institutions Division is holding a workshop on regulations pertaining to medical debt collections and S.B.

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Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

The debt collection agencies market is segmented by agency type into First-Party Agencies, Third-Party Agencies, and Sale Of Debts; by debt type into Bad Debt and Early Out Debt; and by application into Financial Services, Healthcare, Student Loans, Government, Retail, Telecom and Utility, Mortgage, and Other Applications.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

million to consumers harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief. For more information, click here.

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Debt Collectors Are Thriving This Year – And Now They’re Filing Even More Suits

Collection Industry News

It primarily had the CARES Act to thank: The bill delivered hundreds of billions of dollars worth of stimulus checks and bulked-up unemployment benefits to Americans, while easing pressures on them by halting foreclosures, evictions and student loan payments. Debt-buying executives couldn’t help marveling at their good fortune.