PBWT

NOVEMBER 15, 2020

See 11 U.S.C. §§ a financial institution [or] a transfer made by or to (or for the benefit of) a. financial institution. ” 11 U.S.C. § a financial institution [or] a transfer made by or to (or for the benefit of) a. financial institution. ” 11 U.S.C. §

Bankruptcy 104

Bankruptcy Financial Institution Debtor Judgment 104

Troutman Sanders

JANUARY 23, 2024

billion in additional student loan debt relief for 73,600 borrowers. These discharges are the result of fixes to income-driven repayment (IDR) forgiveness and public service loan forgiveness (PSLF) made by the administration. On January 19, the Biden-Harris administration announced the approval of $4.9 For more information, click here.

Financial services 52

Financial services Credit Unions Credit Unions Financial Institution 52

Jimerson Firm

FEBRUARY 10, 2022

The first consideration that lenders (banks and credit unions alike) often face is when, and if, to conclude that the account owner does not intend to, or is not able to, clear the negative balance or loan deficiency. As a result, a loan that is charged off is written off and deemed a loss of principal and interest. See Caplinger v.

Lender 98

Lender Credit Unions Credit Unions Collections 98

Troutman Sanders

JANUARY 17, 2023

On January 11, the Consumer Financial Protection Bureau (CFPB) proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts that claim to waive or limit consumer rights and protections, such as bankruptcy rights, liability amounts, or complaint rights.

Financial services 52

Financial services Student loans Student Loans Education 52

Troutman Sanders

MARCH 14, 2023

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Loans 52

Troutman Sanders

MARCH 6, 2023

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Loans 52

FDCPA Defense

JANUARY 22, 2017

Attorneys who collect for national banks, debt buyers or other financial institutions have been regular targets in FDCPA class actions. 2015) (district court abused discretion certifying FDCPA class “by failing to conduct rigorous analysis. Countrywide Home Loans, Inc., Kovitz Shifrin Nesbit , 2015 WL 74069 (N.D.

Collections 40

Collections Judgment Creditors Law Firms 40