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CFPB Complaints Shattered Records In COVID-19 Pandemic

Collection Industry News

The majority of credit reporting complaints were for problems with “Incorrect information on your report” and most – 141,000 – had to do with problems tagged as “information belongs to someone else.” Credit reporting complaints accounted for 63 percent of all complaints submitted in 2020. To learn more about ESR, visit www.esrcheck.com.

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Bankruptcy Disqualifies Parties From Access to PPP Loans

ABI

Hidalgo County Emergency Service Foundation (“Hidalgo”), a chapter 11 debtor, filed a complaint against Jovita Carranza, in her capacity as SBA Administrator, challenging SBA’s regulation disqualifying bankrupt parties from obtaining PPP loans under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). [iv] 706(2)(A) and (C).

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Debtor-Hospitals Can Be Denied Federal Coronavirus Aid

ABI

American Bankruptcy Institute Law Review Staff. . In March of 2020, Congress enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) in response to the Covid-19 pandemic. [i] Tags: Health Care By: Meghan Paola. John’s University School of Law.

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