Consumer Financial Services Law

SEPTEMBER 2, 2016

By Ragan Riddle September 2, 2016 If you are charging your phone through a USB port or connecting to Bluetooth in your rental car, you may want to think twice. Last week, an FTC article highlighted the dangers of this seemingly innocent conduct, as it creates an avenue for compromising both you and your clients’ sensitive information. While individuals connect their devices to rental cars to charge their phones, make calls, listen to music, or use their GPS systems, what these individuals fail t

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Ks Law

AUGUST 30, 2016

I attend a lot of seminars and educational programs dealing with bankruptcy and related issues. Usually the information is valuable to my practice and to my clients, but I recently attended a seminar where an attorney stated to the audience that we should never advise our clients to incur debts while we are planning on filing their bankruptcy case.

Bankruptcy 40

Bankruptcy Debtor Creditors Education 40

The Creditors Rights

AUGUST 30, 2016

Ronald Neff was a dentist against whom his patient, Douglas DeNoce, obtained a judgment for malpractice. After he filed a chapter 13 petition, Neff recorded a quit-claim deed transferring a condominium from himself to a trust. This first chapter 13 case was dismissed, as was a second chapter 13 case filed by Neff. Neff then filed his third bankruptcy case, a chapter 7 proceeding, more than one year following the recording of the quit-claim deed.

Bankruptcy 40

Bankruptcy Debtor Creditors Judgment 40

The McHughes Law Firm

AUGUST 29, 2016

New business debt collection may be the last thing on your mind as you juggle all the different moving parts the come with starting a business. But it can be a deciding factor if your business is to survive and thrive. If you are in the process of starting a new business, debt collection on past due accounts is likely not even on your radar yet. However, establishing a process on how to collect debt is a crucial component of any business – no matter what the age.

Collections 40

Collections Debtor Law Firms Collection Agencies 40

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Consumer Financial Services Law

SEPTEMBER 1, 2016

The CFPB issued its monthly report on consumer complaints this week making it clear that consumers’ access to depository accounts remains a focal point for the CFPB. The monthly report is a high level snapshot of trends in consumer complaints and spotlights a different product type each month on a rotating basis. The Report provides a summary of the volume of complaints by product category, by company and by state.

Student loans 40

Student loans Student Loans Credit Unions Credit Unions 40

Consumer Financial Services Law

AUGUST 30, 2016

By Mark J. Dobosz August 22, 2016 A recent New York Times article by Nathaniel Popper reported the following, “Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest levels since 1989…” Popper goes on to say, “Their reluctance could have lasting repercussions for millennials, as well as for the financial system and the economy.

Subrogation 40

Subrogation Creditor's Rights Creditors Student loans 40

Consumer Financial Services Law

AUGUST 29, 2016

The CFPB has entered into a Consent Order with Wells Fargo Bank, N.A. asserting that it engaged in unfair and deceptive practices related to its student loan servicing practices. Specifically, the CFPB contended that Wells Fargo’s payment allocation and payment aggregation practices were unfair and deceptive and that it engaged in unfair practices related to credit reporting and late fees.

Student loans 40

Student loans Student Loans Loans Banks 40