We are pleased to announce that Troutman Sanders attorneys Ron Raether and Sadia Mirza will be hosting a Receivables Managements Association International (RMAI) Webinar titled, “Getting Your Ducks in a Row for the California Consumer Privacy Act” on October 23rd, 2019 at 9am PST. During this webinar, Ron and Sadia will cover the
On September 25, California Assembly Bill 539 was presented to the Governor for signing. The Bill would prohibit licensees of the California Financing Law (CFL) from charging an interest rate greater than 36% plus the applicable Federal Funds Rate on consumer loans of at least $2,500, but less than $10,000. Currently the CFL does not
Showing its continuing regular focus on the background screening industry, on October 3, 2019, the Consumer Financial Protection Bureau (CFPB) published a report, entitled Market Snapshot: Background Screening Reports. The report highlights the increased demand for background screenings by employers as well as consumer challenges that may arise from their use given the vast
The Consumer Financial Protection Bureau published its quarterly consumer credit trends report on September 25. In the Report, the CFPB gave an in-depth look at bankruptcy trends and the impact of filing for the period 2001-2018, which includes the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) and the Great Recession.
The
Recently, the Ninth Circuit affirmed two court rulings denying Samsung’s motion to compel arbitration in Velasquez-Reyes v. Samsung Elecs. Am., and Samsung Elecs. Am. v. Ramirez. In the “shrink-wrap” context, the Ninth Circuit held that a consumer must be given adequate notice of an arbitration provision in order to expressly agree to
On September 17, a district court judge in the Eastern District of Kentucky granted in part and denied in part a defendant debt collector’s motion to dismiss under Rule 12(b)(6) for failure to state a claim. Plaintiff Timothy Flook sued Mason, Schilling & Mason, Co., L.P.A, and one of its attorneys (collectively “MSM”), claiming that
Certified Credit & Collection Bureau (“CCCB”) sent a collection letter to Delia Rodriguez seeking payment of $29.88 for an unpaid medical debt. CCCB’s letter referred to the creditor as its “client” and did not explicitly state that the client was the creditor to whom the debt was owed.
Rodriguez brought a putative class action in
We are pleased to announce that Troutman Sanders attorney Sadia Mirza will be hosting a Celesq Webinar on October 21st at 2:00pm EDT, titled “Amendments to the CCPA: The More Things Change, The More Things Stay the Same.” Sadia will be discussing the scope of the California Consumer Privacy Act (CCPA), new rights afforded
On September 30, the District of Nevada dismissed a plaintiff’s class claim under the Telephone Consumer Protection Act but permitted her individual claim to proceed. In Whittum v. Acceptance Now West LLC, plaintiff Roxanne Whittum alleged that Acceptance Now placed multiple calls to her using an automatic telephone dialing system (“ATDS”)
The Consumer Data Industry Association (“CDIA”), a trade association whose members include the three largest consumer reporting agencies (“CRAs”), recently filed a lawsuit in Maine seeking a declaratory judgment that two recently passed credit reporting laws are preempted by the Fair Credit Reporting Act.
Earlier this year, the Maine legislature passed