A recent poll taken since the coronavirus outbreak paints a grim picture of American household finances: Almost two-thirds of respondents (64%) anticipate that lost wages due to the pandemic will yield at least a $500...more
In Rotkiske v. Klemm, the Supreme Court has the opportunity to do what many plaintiffs’ attorneys have dreamed of for years: effectively expand the FDCPA’s one-year statute of limitations by applying the “discovery rule” to...more
10/24/2019
/ Appeals ,
Cause of Action Accrual ,
Common Law Test ,
Congressional Intent ,
Credit Cards ,
Debt Collectors ,
Default Judgment ,
Discovery ,
Discovery Rule ,
Dismissals ,
Equitable Relief ,
Equitable Tolling ,
FDCPA ,
Fraud ,
Fraud Exception ,
Limitation Periods ,
Oral Argument ,
Rotkiske v. Klemm ,
SCOTUS ,
Service of Process ,
Split of Authority ,
Statute of Limitations
It's been four weeks since the comment period closed on the CFPB's proposed debt collection rule - just enough time to look back with some perspective on the comments submitted and assess how the CFPB may move forward.
The...more
10/18/2019
/ Comment Period ,
Consumer Advisory Board ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Debt Collectors ,
FDCPA ,
Political Parties ,
Proposed Rules ,
Regulation F ,
Rulemaking Process ,
SBA ,
State Attorneys General ,
UDAAP