News & Analysis as of

Debt Collectors Debt Collection Government Agencies

Sheppard Mullin Richter & Hampton LLP

Illinois Expands Collection Agency Act with New Licensing and Enforcement Provisions

On August 7, Illinois enacted Senate Bill 2457, amending the Collection Agency Act and removing its January 1, 2026 repeal date under the Regulatory Sunset Act. The law retains the licensing framework for collection agencies...more

Sheppard Mullin Richter & Hampton LLP

New York City Pushes Back Compliance Date of Amended Debt-Collection Rules

On July 28, The New York City Department of Consumer and Worker Protection (DCWP) announced that its amended debt-collection rule, scheduled to take effect on October 1, 2025, has been postponed, leaving the industry in limbo...more

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