CFPB Proposes Regulations For Debt Collectors
May 7, 2019. The CFPB is proposing rules to implement the Fair Debt Collection Practices Act and protect consumers from debt collectors.
FDCPA Doesn’t Apply to Nonjudicial Foreclosures
March 20, 2019. Companies that handle nonjudicial foreclosures aren’t “debt collectors” under the federal Fair Debt Collection Practices Act.
New Debt Collections Law in California
January 1, 2019. In 2019, California law will require a debt collector to inform the debtor if the statute of limitations for a particular debt has passed.
California Enacts New Law Expanding Protections for Military Servicemembers
January 1, 2019. AB 3212, which amends California's Military and Veterans Code, provides a wide range of legal and financial protections for military servicemembers.
New Massachusetts Rules Regarding Credit Card Collection Lawsuits
January 1, 2019. If you have unpaid credit card debt, you might face a collection lawsuit at some point. Learn what the Massachusetts Rules of Civil Procedure require in these types of suits.
Loan Forgiveness Announced for Thousands of Students Who Attended Closed Colleges
December 13, 2018. The U.S. Department of Education will forgive $150 million in federal student loan debt.
Public Service Loan Forgiveness: New Law Gives Second Chance to Borrowers in the Wrong Plan
March 23, 2018. The Public Service Loan Forgiveness program is getting $350 million to help borrowers who would be eligible for forgiveness, but enrolled in the wrong repayment plan.
Trump Budget—Like the PROSPER Act—Proposes Eliminating PSLF and Most IDR Plans
February 13, 2018. President Trump’s proposed budget for 2019 would eliminate the Public Service Loan Forgiveness program and reform the income-driven repayment system.