Days before Thanksgiving, the Federal Trade Commission secured a $3.15 million judgment against a telemarketing company that “defrauded financially distressed consumers throughout the United States by selling them bogus credit-card interest-rate-reduction services.”

In late 2017, the FTC brought claims against Higher Goals Marketing LLC (“HGM”) and multiple other defendants, alleging that the company violated Section

On November 7, the United States District Court for the Western District of Tennessee addressed the issue of whether it is a violation of the Fair Credit Reporting Act for a creditor to report a charged-off account with a monthly payment due. In Ruvye Cowley v. Equifax Info. Servs., LLC, et al., the Court

On November 5, the United States District Court for the Middle District of Florida held that allegations that a debt collector incorrectly reported a debt through a Metro 2 Format to one or more CRAs were insufficient to state a claim under the Fair Debt Collection Practices Act.

In Koehler v. Waypoint Res. Grp., LLC

Carol Stanton, a legal practice assistant in Troutman Sanders’ Richmond office, has been recognized as an “Unsung Legal Hero” by Virginia Lawyers Weekly. Stanton, who has been in the legal field for 30 years, is recognized alongside 33 other individuals “who have consistently gone above and beyond the call of duty” for their organizations.

Massachusetts is proposing a bill to regulate student loan servicers and bring the Commonwealth in line with other states, including Connecticut, Colorado, Illinois, Maine, Maryland, Nevada, New Jersey, New York, Rhode Island, and Washington, all of which have passed new legislation to regulate the student loan industry. Similar legislation recently has been introduced, but not

Effective October 16, the New York State Department of Financial Services adopted final regulations impacting student loan servicers operating in the state. The legislation, titled Article 14-A, passed in April 2019 and imposes new licensing requirements and servicing standards on institutions that service loans for borrowers residing in New York. The new regulations will affect

After two and a half years of litigation in the Southern District of New York, the Court entered judgment against Credit One Bank, N.A. on November 22 for violations of the Telephone Consumer Protection Act.

The case presented a variety of contentious TCPA issues, including: (1) whether calling a phone number previously belonging to a