On October 30, 2020, the Consumer Financial Protection Bureau (CFPB or the Bureau) released its long-awaited final debt collection rule — also known as Regulation F. The Bureau supplemented the rule on December 18, 2020 and both parts were adopted pursuant to the Bureau’s authority under the Fair Debt Collection Practices Act (FDCPA).
On April
On July 1, the Consumer Financial Protection Bureau (CFPB or Bureau) released a FCRA Tenant Screening Enforcement Compliance Bulletin, outlining its enforcement focus areas as the country transitions to a post-pandemic rental market. The Bureau states that it “intends to look carefully at the accuracy and dispute-handling practices of [consumer reporting agencies “CRAs”] that
Thursday, July 1 • 3:00 – 4:00 p.m. ET
On June 25, 2021, the Supreme Court decided TransUnion LLC v. Ramirez, holding in a 5-4 decision that the vast majority of class members lacked a “concrete” injury and, thus, they did not have standing to assert their Fair Credit Reporting Act claims in federal
Today, the Supreme Court issued its opinion in TransUnion LLC v. Ramirez, holding that a concrete injury requires more than the existence of a risk of harm that never materializes. Accordingly, the vast majority of the absent class members who could not prove that allegedly inaccurate credit reports were disseminated to any third party
Wednesday, July 21 • 11:00 a.m. – 4:00 p.m. ET
CCN and Troutman Pepper have created a webinar to help you navigate Regulation F.
This webinar will be a comprehensive look at Regulation F and how to prepare your business. The webinar will be held on July 21 from 11 a.m. – 4 p.m. (eastern
On March 18, the West Virginia legislature passed Senate Bill 5, amending the West Virginia Consumer Credit and Protection Act (WVCCPA). The amendments will apply to all causes of action filed on or after June 16, 2021, the effective date of the amendments.
The amendments signal a continuing trend in West Virginia toward equalizing
We are pleased to announce that Troutman Pepper attorney, David Anthony, will present during the CDIA 2021 Virtual Law & Industry Conference. This year’s conference will be comprised of insightful, interactive sessions exploring the future of consumer reporting amid shifts in leadership at the CFPB and FTC, evolving privacy regulations, and the impact of
Judge James Teilborg of the U.S. District Court Judge for the District of Arizona awarded Thomas McDermott over $17,000 in damages and attorney’s fees after he obtained a default judgment against collection agency, Perfection Collection LLC (Perfection Collection), for violating the Fair Credit Reporting Act (FCRA) by furnishing inaccurate information when it reported a delinquent
Judge James Teilborg of the U.S. District Court Judge for the District of Arizona awarded Thomas McDermott over $17,000 in damages and attorney’s fees after he obtained a default judgment against collection agency, Perfection Collection LLC (Perfection Collection), for violating the Fair Credit Reporting Act (FCRA) by furnishing inaccurate information when it reported a delinquent
Date: May 10 – 13, 2021
We are pleased to announce that Troutman Pepper attorneys, David Anthony, Angelo Stio III, and Troy Jenkins, will present the panel, “Racial Equity and Fair Lending Standards: What You Need to Know” on May 11 at the virtual OLA’s 2021 Compliance University. The panel will answer the