Consero’s 2014 Financial Services and Insurance Litigation Forum will be held May 18-20, 2014 at the Trump National Doral Miami in Miami, FL. Join Troutman Sander’s lawyer, Ashley Taylor at the forum. Consero’s 2014 Financial Services and Insurance Litigation Forum will address current and looming legal and business challenges faced by today’s Chief Litigation Officers
9th Annual Credit and Collection News Conference
Troutman Sanders’ lawyer, Ashley Taylor, spoke at the 9th Annual Credit and Collection News Conference in Naples, FL about the newly formed Collection Agency Coalition. The Coalition is designed to address frivolous lawsuits brought against the industry from attorney mills. CCN’s 9th annual Credit and Collection News Conference will be held April 2-4, 2014 at
CFPB and FTC File Amicus Brief Targeting Time-Barred Debt Collection Activities
On March 5, 2014, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) filed a joint amicus brief in Buchanan v. Northland Group Inc., No. 13–2523 (6th Cir. Mar. 5, 2014), a putative consumer FDCPA class action challenging collection practices related to debts that were time barred (i.e., for which the
Recent FTC Report and CFPB Bulletin Highlight Importance of Investigating Identity Theft Claims
A report issued by the Federal Trade Commission (FTC) and a bulletin issued by the Consumer Financial Protection Bureau (CFPB) both highlight the continued federal regulatory interest in endemic identity theft as well as the significant risk to businesses that fail to address complaints related to identity theft.
The FTC’s Report on the Top Categories
The CFPB Extends the Comment Deadline for the Announced Notice of Proposed Rulemaking for the Debt Collection Industry
In a notice published in the January 14, 2014 Federal Register, the CFPB announced that it would be extending the comment deadline for the Announced Notice of Proposed Rulemaking (“ANPR”) that it issued on November 6, 2013 (discussed here). The ANPR seeks to modernize the Fair Debt Collection Practices Act (“FDCPA”) and will
CCN and TS Present – CFPB, State Regulators and Compliance
Credit and Collection News and Troutman Sanders’ Consumer Financial Services group present
“CFPB, State Regulators and Compliance”
Atlanta, GA
February 18-19, 2014
CCN and Troutman Sanders have created a seminar filled with rich and relevant content designed to meet the challenges of collecting in today’s economy, given the highly-regulated nature of the debt collection industry.
Major Development: CFPB Issues Advance Notice of Proposed Rulemaking for Debt Collectors
On November 6, 2013, the Consumer Financial Protection Bureau (CFPB) issued an Advance Notice of Proposed Rulemaking (ANPR) directed at the debt collection industry. The CFPB is seeking comments, data and information from the public regarding a variety of rules proposed to govern collection agencies as well as first-party debt collectors, such as banks and
OCC Consent Order Likely to Serve as Model for Debt-Collection and Banking Industries
In conjunction with its recent $389 million joint enforcement action with the CFPB against a national bank (the Bank), the Office of the Comptroller of the Currency (OCC) issued a sweeping, 58-page consent order that may serve as a potential template for future regulation of certain debt-collection practices throughout the debt collection-agency, debt-buying, and first-party