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Debt Collection Bank Accounts

Troutman Pepper

Minnesota House Passes Key Provisions of Debt Fairness Act

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On April 15, the Minnesota House of Representatives passed the Commerce Policy Omnibus bill, which includes key provisions of the Minnesota Debt Fairness Act. Minnesota AG Keith Ellison supports this bill and celebrated its...more

Ballard Spahr LLP

CFPB October 2017 “special edition” complaint report highlights servicemember complaints

Ballard Spahr LLP on

The CFPB’s October 2017 complaint report, which the CFPB calls a “special edition” monthly complaint report, departs from the format of the CFPB’s standard monthly reports. (The CFPB’s June and July 2017 complaint reports...more

Burr & Forman

The IRS is Garnishing My Wages or Taking My Bank Account: What Do I Do? Collection Due Process Relief (Part 9)

Burr & Forman on

If an individual or business owes but has not paid federal taxes, the IRS will make efforts to collect these taxes. The IRS will first send a series of notices requesting payment, but if the taxpayer does not respond to the...more

Baker Donelson

2017's Top Five Consumer Complaints to the CFPB (So Far)

Baker Donelson on

Despite continued efforts in Congress to curtail the scope of the CFPB, the Bureau continues to move ahead with issuing new regulations, conducting investigations and initiating enforcement actions. As part of its efforts,...more

Orrick, Herrington & Sutcliffe LLP

Il recupero transfrontaliero dei crediti: l'ordinanza europea di sequestro conservativo su conti bancari

Il 18 gennaio 2017 è entrato in vigore il Regolamento di esecuzione (UE) n. 1823/2016 della Commissione (il "Regolamento") che ha completato la procedura per l'ordinanza di sequestro conservativo sui conti bancari (European...more

Ballard Spahr LLP

Our thoughts on “Ask CFPB”

Ballard Spahr LLP on

In a new blog post, the CFPB promotes its “Ask CFPB” website feature as “a source of clear, impartial answers to hundreds of financial questions.” We agree that the feature can be a source of potentially helpful...more

Orrick, Herrington & Sutcliffe LLP

Overview of the Six Most Important Changes to the Russian Pledge Rules

1. Concept of a security trustee (security manager). Given that the English-law concept of a 'trust' is not recognized by the Russian legal system, currently, under Russian law, only a creditor can hold the security...more

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