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24 Jan 2019, 8:49 am by Eric Rosenkoetter
Colorado House Bill 19-1089, introduced on Jan. 14, would amend the Colorado Revised Statutes dealing with property and earnings exemptions by adding a new definition for “medical debt,” which would mean “any obligation or alleged obligation of a person to pay money arising out of the… Eric Rosenkoetter [read post]
7 Jan 2019, 9:02 am by Eric Rosenkoetter
  The legislation, in its final form, simply prohibits “principal creditors” and debt collection agencies from: (a) making  any  representation that a person is required to… Eric Rosenkoetter [read post]
23 Aug 2018, 9:02 am by Eric Rosenkoetter
Since 2014, debt buyers collecting from California residents have been required by Cal Civ Code § 1788.52(d)(2) to… Eric Rosenkoetter [read post]
30 Jul 2018, 1:07 pm by Eric Rosenkoetter
The legislation amends the definition of “student loan servicer” in the Student Loan Servicing… Eric Rosenkoetter [read post]
15 Jun 2018, 9:01 am by Brent Yarborough
By Brent Yarborough and Eric Rosenkoetter On June 13, the Bureau of Consumer Financial Protection issued a consent order with a holding company and its affiliated operating entities engaged in consumer lending. [read post]
28 Mar 2017, 7:51 am by Eric Rosenkoetter
The Fifth Circuit also affirmed the trial court’s summary judgment ruling in favor of the trustee and loan servicer […] Eric Rosenkoetter [read post]
10 Oct 2016, 7:04 am by Eric Rosenkoetter
Court of Appeals for the Fifth Circuit recently confirmed that a claim of lack of receipt of a notice of default and intent to foreclose does not establish any defect in foreclosure proceedings, and that borrowers can be liable for attorney’s fees for bringing an action against a mortgage servicer under the Fair […]Eric Rosenkoetter [read post]
4 Feb 2016, 7:24 am by Eric Rosenkoetter
Since 2007, Rhode Island has had its own Fair Debt Collection Practices Act (RIFDCPA) that is, for […]Eric Rosenkoetter [read post]
1 Feb 2016, 11:04 am by Eric Rosenkoetter
In a previous CFS blog, we described the proposed changes in SB 1369 that would rewind some of the unintended consequences wrought by HB […]Eric Rosenkoetter [read post]
30 Nov 2015, 6:53 am by Eric Rosenkoetter
The Opinion Letter was in response to correspondence from a Massachusetts collection law firm inquiring whether […]Eric Rosenkoetter [read post]
16 Nov 2015, 8:20 am by Eric Rosenkoetter
 Those amendments potentially expanded sections of the ICAA to commercial debt and would require disclosures contrary to (and possibly in violation of) the federal Fair Debt Collection Practices […]Eric Rosenkoetter [read post]