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The CFPB’s final collections rule: gauging the potential impact of the election results

Continuing our series of blog posts breaking down the CFPB’s final debt collection rule, we now discuss whether the November general election results are likely to have any impact on the final collection rule....more

CFPB and New York AG allege deceptive and harassing collection efforts in lawsuit against five debt collection companies and four...

Last week the CFPB and New York Attorney General filed a lawsuit against five debt collection companies and four individuals who own and manage the companies. The complaint alleges the defendants used deceptive, harassing,...more

Second Circuit upholds personal liability of individual owner for payday debt collection companies’ FTCA and FDCPA violations

The Second Circuit recently upheld a decision finding two individual co-owners personally liable for nearly $11 million for their companies’ violations of the Federal Trade Commission Act (FTCA) and Fair Debt Collection...more

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