Troutman Sanders

NOVEMBER 21, 2023

On November 16, the Justice Department, in close coordination with the Department of Education, announced a successful first year of the new process for handling cases in which individuals seek to discharge their federal student loans in bankruptcy. The CFPB’s rule amends an appendix for Regulation V, which implements the FCRA.

Financial services 52

Financial services Retail Banks Collections 52

Troutman Sanders

NOVEMBER 4, 2021

The Fair Credit Reporting Act (FCRA) allows consumers to file a dispute with a credit reporting agency (CRA) if they believe an inaccuracy exists on their credit report. The FCRA then requires the CRA to conduct a reasonable investigation and correct any inaccuracies discovered as a result of its investigation.

Student loans 59

Student loans Student Loans Retail Loans 59

Collection Industry News

NOVEMBER 8, 2021

The Fair Credit Reporting Act (FCRA) allows consumers to file a dispute with a credit reporting agency (CRA) if they believe an inaccuracy exists on their credit report. The FCRA then requires the CRA to conduct a reasonable investigation and correct any inaccuracies discovered as a result of its investigation.

Student loans 40

Student loans Student Loans Retail Loans 40