Last Friday, the North Carolina Department of Insurance issued an order and bulletin enacting emergency provisions that require debt collectors – including debt buyers – to provide North Carolinians with the option of deferring payments that are due during North Carolina’s major disaster proclamation. The Department provided an amended order on Monday, March 30.
We are pleased to announce that Troutman Sanders attorney, David Anthony, will present during the RMAi’s webinar, “Updating Your Policies in COVID-19” on April 1, 2020 at 9:00 a.m. PT. This hard hitting webinar will cover effective application of your existing dispute, settlement, and other operational policies during this pandemic.
For additional information and
Like most industries today, consumer finance services businesses are being significantly impacted by the novel coronavirus (“COVID-19”). Troutman Sanders and Pepper Hamilton have developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19-related news and developments, recommendations from leading health organizations, and tools
We are pleased to announce that Troutman Sanders attorney, David Anthony, will be presenting during the CDIA Law & Industry Conference in Washington, DC on June 17, 2020. David will be a presenting on the panel, “The Changing Dynamics of Litigation & Enforcement.”
This panel will explore leading FCRA developments, including key litigation and
Overview
President Trump today signed into law H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), a $2 trillion relief measure. Title IV, the economic stabilization portion of the CARES Act, contains three sections which dramatically affect businesses in the consumer financial services space. These sections include a foreclosure moratorium on federally-related
Please join Troutman Sanders attorneys, David Anthony, John Lynch, Ron Raether, Alan Wingfield, and Sadia Mirza for the Complimentary Webinar, “Quick Answers to Critical COVID-19 Compliance Questions for Financial Services Companies” on March 31st from 3-4 pm ET.
The coronavirus (COVID-19) has rapidly altered the legal and regulatory landscape on which
On March 22, the Board of Governors of the Federal Reserve System (“FRB”), Federal Deposit Insurance Corporation, National Credit Union Administration, Office of Comptroller of the Currency, Consumer Financial Protection Bureau, and the Conference of State Bank Supervisors (collectively, “the Agencies”) issued an interagency statement, available here, providing guidance for lenders on how to
On March 13, two days after the World Health Organization announced that the coronavirus (“COVID-19”) outbreak could be characterized as a pandemic, the White House declared the outbreak a national emergency.
In response, the Consumer Data Industry Association (“CDIA”) provided guidance for lenders and creditors who report information about consumers whose accounts are
Like most industries today, Consumer Financial Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Sanders and Pepper Hamilton have developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools
On March 17, a bill was introduced in the United States Senate to amend the Fair Credit Reporting Act to prohibit negative credit reporting during the coronavirus health crisis. The bill, S.3508, is entitled The Disaster Protection for Workers’ Credit Act. It would provide for a four-month moratorium on negative credit reporting and a