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Michael Best & Friedrich LLP | USA | 4 Nov 2020

CFPB Publishes First Debt Collection Rules Clarifying The FDCPA

On October 30, 2020, the CFPB issued the long-awaited final rules that clarify the FDCPA and that will guide debt collectors’ future efforts. Among…

Cordato Partners | Australia | 4 Oct 2020

Bendigo Bank ‘named and shamed’ for systemic mistreatment of Great Southern borrowers

The Banking Code Compliance Committee (BCCC) has sanctioned the Bendigo and Adelaide Bank by naming it in its 2019-2020 Annual Report for systemic…

Apolat Legal | Vietnam | 31 Aug 2020

Concerns over prohibition against debt collection service

Article 6 Investment Law 2020 stipulates that “Debt Collection Service” is one of the businesses that are prohibited from investment. This regulation…

Troutman Pepper | USA | 28 Jul 2020

State Court Procedural Violation Cannot Be Grounds for FDCPA Violation

In Anglin v. Merchants Credit Corporation, No. 2:18-cv-507-BJR, 2020 WL 4000966 (W.D. Wash. July 15, 2020), United States District Judge Barbara…

Troutman Pepper | USA | 28 Jul 2020

Foreclosure Suit Without Request for Deficiency Judgment Is Not “Debt Collection” Under FDCPA, Ninth Circuit Holds

Does a judicial foreclosure action constitute “debt collection activity” under the Fair Debt Collection Practices Act (“FDCPA”)? The answer depends on…

AKD | Netherlands | 2 Jun 2020

Debt collection during COVID-19

The COVID-19 outbreak is greatly affecting legal matters and company wellbeing. Some companies can no longer comply with their contractual obligations…

Troutman Pepper | USA | 9 Apr 2020

Amid COVID-19 Struggle, New York Abandons Plan To Implement State Licensure of Debt Collectors

New York’s legislature granted final approval last Thursday to Gov. Andrew Cuomo’s proposed 2021 Executive Budget, ending a months-long policy battle…

Troutman Pepper | USA | 16 Apr 2019

West Virginia Supreme Court Weighs In on Debt Collector’s Bona Fide Error Defense Under WVCCPA

The West Virginia Supreme Court ruled against a debt collector in LTD Financial Services, L.P. v. Collins, affirming the lower court’s order granting…

Herrington Carmichael LLP | United Kingdom | 15 Apr 2019

“Payment in Full and Final Settlement” - Creditors beware

If you are a creditor and you are offered part payment only of money owed by a debtor, you should take caution in accepting particularly if the sum…

Squire Patton Boggs | USA | 12 Apr 2019

BREAKING: YouMail CEO Confirms to SPB’s Unprecedented Podcast that Robocall Index Includes Wanted Calls—Rival Hiya Index Notes Only 2% of Debt Collection Calls Are Unwanted

On the very same day that the National Consumer Law Center (“NCLC”) testified before a Senate Subcommittee blaming “household name” American…
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