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17 Sep 2021, 5:45 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 17, 2021 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 10–16, 2021. [read post]
6 Sep 2021, 6:03 pm by Mark Weidemaier
Still, the idea underlying collective action clauses is that these prevent opportunistic creditor minorities from impeding the will of the supermajority. [read post]
3 Sep 2021, 12:08 pm by Joshua Jacoby
The goal is to understand what you are actually able to pay your creditors. [read post]
2 Sep 2021, 7:01 pm by Russell Knight
Illinois divorce law has provided your divorce lawyer with the capacity to collect what is owed to him or her through the divorce court directly or the collections courts. [read post]
2 Sep 2021, 7:36 am by Barbara S. Mishkin
We discuss a range of practical issues related to the rule’s rapidly-approaching effective date, including: the prospects for further CFPB rulemaking or guidance; the aspects of the rule that should be prioritized by third-party collectors and debt buyers; the rule’s impact on creditors (for internal collections and third-party collector/debt buyer oversight), state law considerations, and steps being taken to mitigate risk; and greatest risks for third-party collectors… [read post]
  A number of entities are exempt from registration only: retail sellers, lessors, and their assignees who have filed notification under the Uniform Consumer Credit Code; licensed supervised lenders; licensed collection agencies; and licensed student loan servicers. [read post]
20 Aug 2021, 9:50 am
Requirements for Mortgage Loan Servicers Under the CFPB’s rule, mortgage lenders and servicers will need to meet certain requirements before they can initiate a foreclosure prior to January 1, 2022. [read post]
20 Aug 2021, 7:24 am by NWDRLF
This order prevents collection agencies, debt collectors, or debt attorneys from undertaking any collection effort, including collection calls and lawsuits. [read post]
17 Aug 2021, 6:40 pm by Michael Douglas
A State may choose to couple recognition of the foreign insolvency – and the collection of assets in its jurisdiction – with the discharge of creditors’ debts. [read post]
16 Aug 2021, 5:20 am by Sydney Gallek
However, our firm does not offer any bankruptcy filing services. [read post]
13 Aug 2021, 3:00 pm by Walker & Walker Law Offices
Minnesota Law Protects Homes From Most Debts Minnesota began as a frontier state and has a long tradition of protecting the property of Minnesotans from Debt Collections. [read post]
13 Aug 2021, 1:48 pm
Save a car or other property from being repossessed (or sometimes force the creditor to return property even after it has been repossessed) Stop garnishment, debt collection letters, and other creditor measures to collect a debtStop a lawsuit from proceedingReinstate or avoid utility service termination.Will I Lose My House? [read post]
5 Aug 2021, 11:07 am by Mark J. Furletti
If a creditor violates the anti-evasion provisions, the debtor is not obligated to pay the loan and can recover any payments made on the loan from the entity violating the provisions or an assignee of that entity’s rights who undertakes direct collection of payments or enforcement of rights arising from the debt. [read post]
4 Aug 2021, 6:43 am by Shannon O'Hare
The borrower shall repay such loan out of the collections deriving from a certain portfolio of claims, which is identified at the onset of the securitisation and will remain owned by such entity (unlike the so-called “true sale” scheme of securitisation, which provides for the transferring of the claims to the SPV). [read post]
30 Jul 2021, 9:03 pm by Taylor Ross
Welbeck calls on policymakers to establish a data collection model to increase transparency and provide further tools for officials and litigants. [read post]
29 Jul 2021, 10:40 am by Stefanie Jackman
Preferred Collection and Management Services that a debt collector’s transmittal of debt information to its letter vendor could violate the FDCPA’s limits on third party communications. [read post]
28 Jul 2021, 6:38 pm
 Pix Credit HEREI have been thinking about the way that digitalization has been transforming the institutional spaces through which humans operate and the cultural presumptions through which human collectives impose meaning on the world. [read post]
12 Jul 2021, 1:11 pm
There are several options a company has at this point, including hiring a collection company or retaining the services of a debt collection attorney. [read post]