Troutman Sanders

JUNE 22, 2021

In July 2020, the Supreme Court held that a 2015 amendment to the TCPA’s robocall restriction exempting calls made to collect government-backed debts transformed the provision into an unconstitutional content-based speech restriction. 17, 2020) (holding the severance is retroactive). Compare Creasy v. Charter Comm’cns, Inc. ,

Government 52

Government Collections 52

Troutman Sanders

AUGUST 4, 2020

On June 29, 2020, the United State House of Representatives passed the Protecting Your Credit Act of 2020, H.R. Additionally, the bill tasks the Government Accountability Office with reporting on the feasibility of CRAs using a mode of consumer identification other than social security numbers. 5332, Sec.

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Government 64

Troutman Sanders

JANUARY 19, 2021

On January 11, the Federal Reserve Board announced preliminary results indicating that the Reserve Banks provided for payments of approximately $88.5 billion of their estimated 2020 net income to the U.S. The Federal Reserve Banks’ 2020 estimated net income of $88.8 On December 31, 2020, the U.S.

Financial services 52

Financial services Garnishment Foreclosure Government 52

Fraser

JUNE 30, 2021

border with Canada has been closed to nonessential travel since March 2020 to prevent the spread of the coronavirus, but Canada recently announced that it will begin easing travel restrictions in early July. Pursuant to the new policy, effective July 5, 2021, at 11:59 p.m. Moderna (mRNA-1273). first appeared on Fraser.

Government 44

Government 44

ABI

JANUARY 13, 2022

Section 523 of Title 11 of the United States Code (the “Bankruptcy Code”) generally provides that a student loan cannot be discharged unless it would impose “undue hardship” on the debtor. [1] 1] See 11 U.S.C. § 11] See id at *1. [12] 14] See 11 U.S.C. § to have his student loan debt discharged. [5] 16] . . [1]

Debtor 40

Debtor Loans Student loans Student Loans 40

Collection Industry News

MARCH 6, 2024

The court said that the government exceeded its authority under federal law when it attempted to cancel up to $400 billion in student loans. The president’s popularity among young people, a group that was critical to his 2020 victory, has dropped significantly in the past several years.

Student loans 40

Student loans Student Loans Loans Accrued Interest 40

Credit Corp

MARCH 21, 2023

The following are some consequences of going into default: The entirety of the loan and the interest is due immediately You lose the ability to obtain additional federal student aid It will harm your credit score The state with the highest borrower delinquency rate, `per the Federal Reserve of New York, is Maryland at a rate of 11 percent.

Student loans 98

Student loans Student Loans Loans Education 98

UK debt collections

JANUARY 8, 2021

For the majority struggling with their rent, this is a new challenge – 58% of those behind on rent had no rent arrears in February 2020. Citizens Advice is calling for: A legal ban on bailiff action and pause on all possession proceedings during the national lockdown in England and in tiers 2 and above beyond 11 January.

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Government Loans Collections 100

Jimerson Firm

MAY 5, 2021

Certain entities facing ongoing financial hardship will chose to seek Chapter 11 or other bankruptcy protection, and while PPP loan and Coronavirus-related EIDL generally are forgivable, exactly how such loan default will be treated through reorganization is the subject of much current litigation and has yet to be fully determined.

Collateral 98

Collateral Loans Government Debtor 98

UK debt collections

MAY 23, 2022

The rebound in insolvencies in 2021 and 2022 is in contrast to the artificial low recorded in 2020. It predicts the US will post insolvency increases of 8% in 2022 and 23% in 2023, while China will record 1% in 2022 and 11% in 2023. It forecasts overall business insolvencies will increase by 10% in 2022 and 14% in 2023.

Trade 59

Trade Construction Government 59

UK debt collections

MAY 13, 2021

The date of the judgment is the 20th October 2020 and it is unsure if any action was taken to enforce collection of the Unpaid CCJ. This is relates to the disputed cost of renovations to the flat he lives in with his fiancée Carrie Symonds and their son above 11 Downing Street.

Judgment 64

Judgment Government Loans Lender 64

Collection Industry News

APRIL 2, 2021

The number of people seeking bankruptcy fell sharply during the pandemic as government aid propped up income and staved off housing and student-loan obligations. After holding above 50,000 filings a month in 2019 and in the first quarter of 2020, bankruptcy filings have remained below 40,000 a month since last March when the pandemic hit.

Bankruptcy 40

Bankruptcy Student loans Student Loans Foreclosure 40

PBWT

AUGUST 13, 2020

On Friday August 7th, the NAACP filed a motion to intervene in the chapter 11 bankruptcy cases of Purdue Pharma L.P. 11] And according to recent WSJ reporting, the DOJ is seeking as much as $18.1 11] And according to recent WSJ reporting, the DOJ is seeking as much as $18.1 August 7, 2020) (“ Motion ”). [2]

Bankruptcy 65

Bankruptcy Debtor Lawyers Government 65

PBWT

JUNE 22, 2021

In EHT US1 , the question was whether a real estate investment trust formed as a “collective investment scheme” under the law of Singapore was a “business trust” as that term is used in the Code so that it could be a debtor in Chapter 11. 713, 716 (2020)(Gorsuch, J.): The Court disagrees with this authority. [7]

Debtor 65

Debtor Bankruptcy Government Collections 65

Fico Collections

AUGUST 16, 2021

Our latest FICO UK Credit Market Report looking at UK card trends for June 2021 shows that average card spend continued to increase compared to 2020. It also exceeds the June 2019 spend by £23 with the sunny weather and the Euro 2020 competition likely to have contributed to this uptick. Looking ahead.

Lender 52

Lender Government Retail Loans 52

Collection Industry News

FEBRUARY 5, 2021

The continued slide represents a decrease of 6% over December 2020 filings, and a 44% decrease over January 2020 filings where there were 58,161 new cases. Commercial filings across all chapters fell to 2,124 new cases, a 7% drop over December 2020 and a 42% drop over January 2020, which had a total of 3,560 new cases.

Bankruptcy 40

Bankruptcy Law Firms Government Collections 40

Burr Forman

AUGUST 20, 2020

Grossman dismissed the Seven Stars bankruptcy case [1] based on the debtor’s election to proceed under Subchapter V of Chapter 11 [2] after the expiration of the statutory deadlines for filing a plan and holding a status conference. Seven Stars”) filed its Chapter 11 case on June 5, 2019. The Small Business Reorganization Act.

Debtor 40

Debtor Bankruptcy Creditors Government 40

ABI

JANUARY 26, 2023

1] In In re Szczyporski, the United States Court of Appeals for the Third Circuit held that the shared responsibility payment is a tax entitled to priority under Title 11 of the United States Code (the “Bankruptcy Code”). [2] 2020); In re Vallejo, 2021 WL 5702699, at *3–7 (Bankr. shared responsibility payment. [4] 10] Id.

Bankruptcy 40

Bankruptcy Debtor Healthcare Government 40

Troutman Sanders

AUGUST 17, 2020

Federal Activities: On August 12, 2020, the Consumer Financial Protection Bureau published Frequently Asked Questions (FAQs) and answers pertaining to compliance with the Payday Lending Rule. On August 11, 2020, the Federal Reserve Board announced revised pricing for its Municipal Liquidity Facility (MLF).

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Price Meese

JUNE 30, 2021

The Legislation keeps in force, until January 11, 2022, any state agency’s “administrative order, directive, or waiver” that relied upon the existence of the public health emergency. 1682(b)), provides that the term of certain state and local approvals in existence on March 9, 2020, that have been registered with the NJDEP by Oct.

Government 52

Government Foreclosure Healthcare 52

Troutman Sanders

SEPTEMBER 8, 2021

Sadia will be moderating the panel, “How 2020 Has Blurred Attorney Client Privilege in Incident Response” on Tuesday, October 5, 2021 at 11:40 a.m. This conference features two full days of panel discussions by leading cyber experts who will share their insights on hot topics, trends, and cybersecurity concerns.

Government 52

Government 52

ABI

JANUARY 13, 2021

In response to the economic fallout of the global COVID-19 pandemic, Congress passed the CARES Act, a part of which made government-guaranteed loans available to qualified small businesses through the Paycheck Protection Program (“PPP”). [i] iv] Hidalgo contended that the regulation violated anti-discrimination provisions in 11 U.S.C. §

Bankruptcy 40

Bankruptcy Loans Debtor Government 40

Collection Industry News

MARCH 7, 2022

The federal government established eviction moratoriums to protect renters and appropriated nearly $50 billion in emergency rental assistance to help renters make payments, and many states and local governments supplemented these efforts as well. Census Bureau’s 2020 American Community Survey and the U.S. Connecticut.

Government 98

Government Retail Education Lender 98

Fraser

MAY 28, 2020

Executive Order 2020-77, since superseded, began the “reopening” process for businesses within the State of Michigan. ” EO 96 Section 11.m. Workers necessary to prepare a workplace to follow the workplace standards described in Executive Order 2020-97 and to otherwise ready the workplace for reopening.

Government 59

Government Collections 59

Collection Industry News

AUGUST 9, 2021

The freeze was put in place at the start of the COVID-19 pandemic in 2020 as the federal government worried millions of debt holders would default on loans due to job loss and the down turned economy. 9/11 families to President Biden: Don’t come to our memorial events.

Student loans 40

Student loans Student Loans Loans Education 40

ABI

JANUARY 12, 2022

7] On December 3, 2018, Debtor filed a voluntary petition for relief under Chapter 11 of the United States Code (the “Bankruptcy Code”). [8] 11] The Court highlighted that every court dealt with the question of derivative standing following the 2000 decision by Justice Scalia in Hartford Underwriters Ins. the only trustee. [3]

Debtor 40

Debtor Bankruptcy Unsecured Creditor Creditors 40

Price Meese

JANUARY 16, 2021

Purcell | December 30, 2020. The second article will provide an overview of two recent FCC Orders that respond to these issues and provide clarity as well as further constraints on local government review of minor wireless facility modifications. 11-59, Report and Order, 29 FCC Rcd 12865, 12922-66, paras. 19-250 (June 10, 2020).

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Government Construction 59

Fico Collections

JUNE 14, 2021

Missed payments were still below historical trends, probably due to increased savings and government support, which continues to blur the picture of card users struggling with debt issues, making it more difficult for lenders to manage. As April 2020 was a lockdown month, it is not surprising to see sales are 22 percent higher year on year.

Retail 52

Retail Government Credit Card Debt Lender 52

Troutman Sanders

SEPTEMBER 21, 2020

Federal Activities: On September 18, 2020, the Federal Reserve Board updated its frequently asked questions (FAQs) to clarify the Board’s and Department of Treasury’s expectations for lenders underwriting the Main Street Lending Program. On September 18, 2020, the Federal Reserve Board issued its Report on Economic Well-Being of U.S.

Financial services 52

Financial services Banks Government Acquisition 52

Collection Industry News

JULY 18, 2022

adults, 38% of respondents said they oppose providing $10,000 in debt forgiveness and 11% said they were unsure. Previous polls also show a large split on student loan forgiveness–last month a NPR/Ipsos survey found 82% of respondents believed the government should prioritize making college more affordable over forgiving student loans.

Student loans 40

Student loans Student Loans Loans Government 40

Troutman Sanders

MARCH 15, 2021

On March 11, the Consumer Financial Protection Bureau (CFPB) announced that it is rescinding a January 2020 policy statement that limited the “abusive acts and practices” standard created by the 2010 Dodd-Frank Act. Focus on Consumer Harm. Avoid Duplicative Claims. Seek Monetary Relief Only from Bad Actors.

Trade 52

Trade Government 52

UK debt collections

MARCH 18, 2021

Today- even with many government support measures still in place – we are seeing roughly three times that amount: 135,000.”. Data on 01 January 2020. During more normal circumstances, we expect between 40,000 and 50,000 companies to trigger one of our negative health markers. Listed Business (PLC) Data. Data on 01 March 2021.

Manufacturing 87

Manufacturing Construction Retail Collection Agencies 87

Burr Forman

DECEMBER 15, 2021

The South Carolina Business License Tax Standardization Act (the “Act”) was enacted in 2020, but the effective date was generally delayed until January 1, 2022. The Department of Labor recently reversed a December 2020 final rule and resurrected the “80/20 Rule” governing how tipped employees are paid under the Fair Labor Standards Act.

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Government Collections 40

PBWT

JULY 20, 2021

See, e.g., 11 U.S.C. §§ June 11, 2021). The larger note is secured by Plaintiff’s property, but for unknown reasons, the security interest was not perfected until June 2020, 20 months after the buyout closed. §§ 544, 547–48. Glove, Inc. , 21-10172-T11, 2021 WL 2405399 (Bankr.

Creditors 65

Creditors Bankruptcy Debtor Manufacturing 65

Fico Collections

APRIL 3, 2023

FICO is proud to be part of the groundbreaking research at ZIB that is helping to drive greater efficiency for governments, and solve both business problems and some of the biggest challenges we face as a society. Mathematical optimization is one of the foundation technologies for AI-powered decision management.

Education 97

Education Financial services Government 97

Troutman Sanders

MARCH 15, 2021

On March 11, President Joe Biden signed the $1.9 The American Rescue Plan provides $1,400 direct payments to individuals making up to $75,000 annually, $350 billion in aid to state and local governments, and $14 billion for vaccine distribution. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Foreclosure Government 52

Troutman Sanders

JUNE 15, 2021

State Activities: On June 11, Connecticut Attorney General William Tong and D.C. In his statement, Attorney General Bonta reminded financial institutions that Governor Newsom’s April 23, 2020 executive order makes any such garnishment unlawful as it is financial assistance provided due to the COVID-19 pandemic.

Financial services 52

Financial services Financial Institution Foreclosure Government 52