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Statement of CFPB Director Rohit Chopra on Proposed Registry of Supervised Nonbanks that Use Form Contracts to Impose Terms and Conditions that Seek to Waive or Limit Consumer Legal Protections

Consumer Finance

CFPB Director Chopra’s statement on the proposed registry of contract terms used by supervised nonbank financial companies to prevent negative reviews or to limit consumers’ legal rights and protections. Director's statement Supervision Rulemaking

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What Is a UCC Filing?

Nerd Wallet

A Uniform Commercial Code filing, also known as a UCC filing, is a document that lenders use to establish their legal right to assets that a borrower uses to secure a loan.

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What New Debt Collector Rules Mean for You

Nerd Wallet

adults with debt in collections, knowing their legal rights is crucial. Working with third-party debt collectors can be confusing and scary. For the more than 68 million U.S.

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What Athletes Need to Know About Nil Law and Compensation

Jimerson Firm

A basic understanding of the legal aspects of NIL deals will ensure that athletes understand the rules of this new game. From a legal perspective, the term “NIL” generally refers to an individual’s legal right to control the usage of their name, image, or likeness.

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Dealing with Debt Collectors

Debt Free Colorado

Dray Legal Office’s attorneys will endeavor to help you obtain a fresh start by eliminating debt and reorganizing your finances. We at Dray Legal Office are well aware of the enormous stress that financial difficulties may cause. Debt Relief Attorney Serving Colorado.

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Common causes of bankruptcy that may surprise you

Roths Child Law

Gaining a better understanding of your legal rights when struggling with debt will help you to get back on your feet Bankruptcy is often thought of as something that only happens to people when they have been careless with money.

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The key advantages of Chapter 7 bankruptcy

Roths Child Law

Understanding this process as well as your legal rights in Tennessee is a crucial endeavor When faced with insurmountable debts, Chapter 7 bankruptcy can be the best way to regain control over your financial situation.

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Karen Edler to speak at Volunteer Lawyers for Justice webinar on June 2, 2020

Price Meese

This webinar will address the basic legal rights of children under IDEA and New Jersey regulations in the midst of the COVID-19 pandemic. Karen Edler, Esq. will be speaking at the Volunteer Lawyers for Justice free webinar, Special Education Law and Advocacy During COVID-19, for parents of children with special needs on June 2, 2020 at 12:00 p.m.

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The key advantages of Chapter 7 bankruptcy

Roths Child Law

Understanding this process as well as your legal rights in Tennessee is a crucial endeavor When faced with insurmountable debts, Chapter 7 bankruptcy can be the best way to regain control over your financial situation. To make a more informed decision on what to do next, it is beneficial to understand some key advantages of this process. Outlined below are some key advantages that may assist you in getting your finances back on track: A chance to start over.

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What are Deed Restrictions and When are They Enforceable?

Jimerson Firm

Thus, restrictive covenants contained within a deed that reserve the grantor’s right to approve plans for improving the land are valid and enforceable against the grantee, unless that right or the exercise of it is arbitrary and unreasonable.

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Recent Changes in Federal Nil Law

Jimerson Firm

However, the NIL activity that occurred recently remains subject to the federal legal authority that spurred such activity. From a legal perspective, the term “NIL” generally refers to an individual’s legal right to control the usage of their name, image, or likeness.

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My Mortgage Company Didn’t Pay My Property Taxes

Credit Corp

You pay these extra fees right along with your mortgage payments each month. Bills for your property taxes, insurance, and HOA fees should go directly to your lender, who then pays these fees right from your escrow account.

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Are You Waiving Your Rights by Signing a Contract?

FFGN COLLECT NY

While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. Because contract law “charges” you with what you signed whether you read it or not, we suggest reviewing the contract with an understanding of the rights you are waiving and the potential consequence forfeiting those rights can cause in the event of a legal dispute.

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COVID Updates — The Latest News for Employers

Fraser

Despite social media “memes” and misinformation recently circulating suggesting the opposite, inquiring about a customer’s vaccination status is not a HIPAA violation or a violation of constitutional rights. This alert serves as a general summary, and does not constitute legal guidance.

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What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

1692d); falsely represent “the character, amount, or legal status of any debt” (§ 1692e(2)(A)); or use “unfair or unconscionable means to collect or attempt to collect” a consumer debt (§ 1692f). Had actual knowledge that the right did not exist.

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5 tips for creating a well-written credit application

Collections Law

Include legal disclaimers and guarantees Your application should provide disclaimer language that allows you to investigate credit, as well as opting for litigation in the future, without prior notice. For many businesses, extending credit to customers is a necessary business model.

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Recent Changes in State Nil Law

Jimerson Firm

From a legal perspective, the term “NIL” generally refers to an individual’s legal right to control the usage of their name, image, or likeness. Athlete Right to Usage of NIL in Florida 1006.74(2)(a), Professional Services Industry Legal Blog

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. Stay educated about what debt collectors can and can’t do and state your rights if they step over the line.

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Consumer Advocates Propose New Model State Consumer Protection Act

Public Citizen

  Report Details Impact on Consumers – and Democracy – of Corporate Attack on the Rule of Law, Proposes New Protections and Legal Procedures. marketplace – against which they have virtually no legal rights or remedies.   “The relentless corporate assault on the rule of law has deeply damaged Americans’ confidence in the legal system, a development with dire implications for U.S.

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Can Stimulus Checks Be Garnished in California?

Direct Recovery

Let’s dive into the details and break down exactly what debt collectors can and cannot do right now. However, if there is no judgment in place, a commercial debt collector has no legal right to collect any portion of the stimulus check.

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Can a Lender Pursue Debt Collection After a Charge Off and 1099-C Issuance?

Jimerson Firm

However, debts that are considered uncollectable for federal tax purposes often remain collectable under applicable federal and state collections law as the contract rights are likely not extinguished. Banking & Financial Services Industry Legal Blog

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CFPB Releases List of “Consumer Reporting Companies” and Encourages Consumers to File More FCRA Suits

Troutman Sanders

According to the CFPB’s accompanying press release , the list is intended to allow consumers to “exercise their right to see what information these firms have, dispute inaccuracies, and file lawsuits if the firms are violating the Fair Credit Reporting Act.”.

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What Business Owners Should Know Before They Guarantee a Line of Credit

FFGN COLLECT NY

It’s important to understand your legal rights and options if you are being pursued as a guarantor of a business line of credit. The right legal advisor should understand how to advise you based on their personal experience with lenders and borrowers.

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Federal Trade Commission should keep its hands off the gig economy

Collection Industry News

The FTC’s legal charter directs it to go after anticompetitive behavior — think cartel and monopoly abuses that harm consumers. Instead, it shows a preference for formal employment relationships, subject to detailed legal requirements, that add substantial hiring costs and thus mean fewer work opportunities. The FTC has no legal right to do this, unlike the DOL, National Labor Relations Board and various state and local agencies. Legal Legal News

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18 Interesting Facts About Credit You Might Not Know

Credit Corp

You Have a Legal Right to an Accurate Credit Report. One of them, the Fair Credit Reporting Act , ensures your right to an accurate credit report. Many people know that they need to have a good credit score to make some pretty big purchases.

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Give Your Company More Leverage If Your Customer Does Not Pay

The Kaplan Group

In the USA, typically, you will not have the legal right to recover collection costs or attorney fees unless there is a signed written agreement with this provision. All too often, commercial debt collection becomes a negotiation.

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Tri-Force and Ally Financial Sued for Wrongful Repossession in Indiana

Indiana Consumer Law Group

The lawsuit alleges that agents of Tri-Force breached the peace when they attempted to repossess a vehicle from our client and then, when our client physically resisted the repossession (as was his legal right to do), engaged the police to coerce our client to relinquish possession of the vehicle and thereby accomplish the wrongful repossession. It seems that some repo agents will say or do whatever is necessary to accomplish the repossession whether it is legal or not.

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How to Get Out of a Lease

Credit Corp

Just a quick note before we start—while we’ll give you some suggestions that could help, we aren’t giving you legal advice. Legal Protections for Ending a Lease Early Tips for Getting Out of a Lease Breaking a Car Lease Can Breaking a Lease Hurt My Credit?

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District Court’s FCRA Decision Offers Guidance for Employers on “Clear and Conspicuous” Disclosures and Willfulness

Troutman Sanders

the Ninth Circuit Court of Appeals partially reversed , holding Fred Meyer had failed to comply with FCRA’s “standalone” requirement by providing, in good faith, an extraneous explanation of the applicant’s rights in its background check disclosure.

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How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

Yes, you are allowed to charge your customer for your recovery fees, including legal fees incurred, so long as they have agreed to these charges previously. Your terms should state that you will add your fees, charges, interest and/or legal fees after a certain time period. ?However,

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District Court in the Ninth Circuit Holds That Bureau-Level Decision Is Binding, Contradicting Fourth Circuit’s Decision on Remand in PDR

Collection Industry News

A Christmas Eve decision from the Northern District of California addressed an important and recurring issue in the TCPAWorld: Whether the Hobbs Act requires a district court to accept the FCC Consumer and Government Affairs Bureau’s (the “Bureau’s”) legal interpretation of the TCPA. First, despite holding that recipients of online faxes “have different legal rights,” the district court refused to decertify the class.

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Sixth Circuit Examines Who is a Debt Collector for Purposes of FDCPA Section 1692(f)(6)

Consumer Financial Services Law

1692f(6) by dispossessing her of her personal property when there was no legal right to possession. The defendant attempted to contact the plaintiff to post notices on the property that the bank had foreclosed the property and advising her of certain rights available. 1692f(6) by dispossessing her of her property when there was no legal right to possession.

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CFPB Reports on Consumer Reporting Complaints and Responses

Troutman Sanders

When companies consider introducing automated mechanisms into processes that affect consumers, particularly those that relate to a legal right, they should consider what burden they are creating, if any, for consumers.

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The DHS / CDC “September Surprise” – The Order to Temporarily Halt Residential Evictions

Fraser

Under this Order a residential landlord or other entity with a legal right to evict is prevented from evicting “any covered person from any residential property in any jurisdiction to which this Order applies.” Some media outlets were reporting that some Michigan district courts are halting eviction procedures until the legality and enforceability of the Order is worked out. . This “other person with a legal right to pursue. Introduction.

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Think You Won Your Credit Card Dispute? Not So Fast

Credit Corp

The Truth in Lending Act is the federal law that gives consumers the legal right to dispute credit card charges if there is a billing error, which includes when property or services are not delivered to the consumer as agreed.