June 22, 2016

Eleventh Circuit Expands Crawford Ruling

The Eleventh Circuit has made it clear: it will not back down from its decision in Crawford v. LVNV Funding, a decision it issued in 2014 and one which has…

June 17, 2016

CFPB Monthly Complaint Report Focuses on Credit Reporting

The CFPB issued its monthly report on consumer complaints, providing a high-level snapshot of recent trends in consumer complaints. The Report summarizes the volume of complaints by product category, company,…

June 16, 2016

CFPB Arbitration Rule: What You Need to Know

In May, the CFPB issued its much anticipated and much dreaded proposed arbitration rules. Quoting from the proposal, the CFPB recommends “rules that would prohibit mandatory arbitration clauses that deny…

June 9, 2016

Supreme Court Rules in FDCPA Case

The Supreme Court unanimously reversed the Sixth Circuit in Sheriff v. Gillie, Docket No. 15-338, holding that letters sent on the Ohio Attorney General’s letterhead by private debt collectors are…

June 6, 2016

Seventh Circuit Holds Debt Buyer’s Feet to the Fire for its Attorney’s Miscues

As a general rule, a principal may only be held vicariously liable for the acts of its agent where it had actual control over the conduct. But what if the…

May 31, 2016

Federal Regulators Issue Interagency Guidelines Regarding Deposit Reconciliation Practices

The CFPB and four federal financial regulatory agencies have issued Interagency Guidance Regarding Deposit Reconciliation Practices. The Guidance comes as a follow up to the consent orders entered into last…

May 26, 2016

District Court Takes on Electronic Dispute Options under the FDCPA

A single page collection letter recently gave the Southern District of Illinois the opportunity to address a range of issues including alleged threats of litigation and the use of a…

May 26, 2016

The CFPB Issues Report Condemning Auto Title Loans

In advance of issuing its rulemaking on pay day loans and other short term loans, the CFPB has issued a scathing report on Single-Payment Vehicle Title Lending. Last year, the…

May 24, 2016

CFPB Issues Annual Report on Servicemember Complaints

The CFPB issued its annual report detailing complaints submitted to the CFPB by servicemembers, veterans, and their families. According to the Report, the CFPB received 271,600 complaints in 2015. Of…

May 23, 2016

CFPB Monthly Report Focuses on Debt Collection

The CFPB issued its monthly report on consumer complaints, and the focus was back to debt collection. The Report is a high-level snapshot of trends in consumer complaints and provides…

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