Month: November 2021

The California Department of Financial Protection and Innovation (“DFPI”) released its second set of proposed modifications to the implementing regulations for California’s Debt Collection Licensing Act (“DCLA”) in an ongoing comment process. Read More

Yesterday, the U.S. Court of Appeals for the Eleventh Circuit issued an order on its own authority to rehear Hunstein v. Preferred Collection and Management Services, Inc. before the entire court. The debt collector was preparing to request a rehearing but before they could, one judge on the Eleventh Circuit requested to poll the other judges and a majority of the active judges voted for rehearing. Read More

The Federal Trade Commission issued updated Standards for Safeguarding Customer Information (“Safeguards Rule”) in the wake of significant data security incidents and cyberattacks in the consumer financial services sector. Read More

The California Department of Financial Protection and Innovation (“DFPI”) released its fourth set of modifications to the proposed Commercial Financing Disclosure Regulations in an ongoing comment process. See our prior ALERTS dated Apr. 8, 2021 and October 14, 2021. Read More

On October 8, New York passed S.737A into law, “requiring debt collectors to inform debtors that written communications are available in large print format.” The legislation becomes effective November 7, 2021. Read More