Consumer Financial Services Law

SEPTEMBER 28, 2016

The CFPB issued its monthly report on consumer complaints this week. The report is a high level snapshot of trends in consumer complaints. Here are the big stories in this month’s report: The three products which continue to yield the highest volume of complaints on a three-month average are debt collection, credit reporting and mortgage. While the number of debt collection complaints remains almost flat when compared to the same three-month time period for 2015, it’s worth noting that debt coll

Student loans 40

Student loans Student Loans Collections Loans 40

Consumer Financial Services Law

SEPTEMBER 27, 2016

By: Caren Enloe and Parker Dozier September 26, 2016 A bankruptcy court has dealt a blow to a TCPA defendant’s attempt to moot a class action lawsuit by entering into a settlement with the class representative’s bankruptcy trustee. In re Presswood , Case No. 12-60237 (Bankr. S.D. Ill. 2016). In Presswood , the Chapter 7 debtor, a sole proprietor, received two prepetition faxes which he alleged violated the TCPA.

Bankruptcy 40

Bankruptcy Chapter 7 bankruptcy Debtor Judgment 40