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Debt Settlement Industry Alert: New Tennessee Debt Resolution Services Act Takes Effect January 1, 2026

Earlier this year Tennessee enacted the Debt Resolution Services Act (the “Act” or “DRSA”), a new statutory framework that will govern traditional debt settlement services effective January 1, 2026. For years, debt settlement...more

October 2025 Litigation Update: A Volatile Month Underscoring Persistent Litigation Exposure

Consumer litigation activity remained mixed in October, reflecting continued volatility across key consumer protection statutes. WebRecon’s latest data shows that filings under the Fair Debt Collection Practices Act (FDCPA)...more

Connecticut Enacts Broad Amendments to Money Transmission Law Targeting Virtual Currency and Digital Assets

Connecticut has enacted Public Act 25-66 (the “Act”), a substantial modernization of its Money Transmission Act (“MTA”) that brings digital wallets, virtual currency activity, and youth-oriented money-sharing applications...more

September 2025 Litigation Update: TCPA and FDCPA Filings Sharply Rise as CFPB Complaints Continue to Climb

Following a brief decline in August, consumer litigation has regained momentum in September. WebRecon’s latest data shows that filings under the Telephone Consumer Protection Act (TCPA) and the Fair Debt Collection Practices...more

Wisconsin Modernizes Debt Settlement Rules with New Fee Structure and Compliance Standards

The Wisconsin Department of Financial Institutions, Division of Banking, has finalized new regulations governing adjustment service companies, effective October 1, 2025. Adjustment service companies, businesses that, for a...more

California DFPI Proposes Clarifying Rules on Digital Assets and Money Transmission

The California Department of Financial Protection and Innovation (DFPI) has released modifications to its proposed regulations under the Digital Financial Assets Law (DFAL), along with related amendments to the State’s Money...more

August 2025 Litigation Update: A Brief Dip Amid Elevated Year-to-Date Trends

WebRecon’s August 2025 report reflects a rare month of declines across all major consumer protection categories. Filings under the Telephone Consumer Protection Act (TCPA), Fair Debt Collection Practices Act (FDCPA), and Fair...more

Texas Mini-TCPA Took Effect September 1: Are You Ready?

Effective September 1, 2025, Texas Senate Bill 140—often referred to as the state’s “Mini-TCPA”—became law. The change means that text messages are now treated the same way as telephone solicitations under Texas rules....more

July 2025 Consumer Litigation Trends: TCPA Class Actions Remain Elevated as Consumer Litigation and Complaints Rise

WebRecon’s latest July 2025 report shows that, after a temporary slowdown in June, consumer litigation and complaint activity have bounced back significantly. Telephone Consumer Protection Act (TCPA), Fair Debt Collection...more

Attorney Fee Sharing Prohibited? California Bills Take Aim at ABS and Consumer Legal Funding

The California Legislature is moving forward with two bills that would meaningfully reshape the boundaries of consumer legal funding and legal advertising practices in the state. Assembly Bill 931 and Senate Bill 37, while...more

FTC Targets Deceptive Debt Relief Operation for Misleading Consumers

In a recent enforcement action highlighting its ongoing scrutiny of deceptive debt relief schemes, the Federal Trade Commission (“FTC”) has shut down an operation accused of falsely representing affiliations with government...more

June 2025 Consumer Litigation Trends: TCPA and Class Actions Lead the Way with a Continued Rise in YTD Statistics

WebRecon’s latest June 2025 report continues to reveal a general rise in the consumer complaint and litigation landscape based on year-to-date (YTD) figures. Since May 2025, Telephone Consumer Protection Act (TCPA) litigation...more

The US Crypto “Reset”: GENIUS Act Clears Congress, CLARITY Act Follows as Washington Redraws the Digital Asset Map

After years of jurisdictional ambiguity, overlapping enforcement actions, and regulatory inertia, the US Congress has stepped decisively into the digital asset arena. With the passage of the Guardrails for Endogenously Native...more

New York Legislature Passes Landmark FAIR Business Practices Act: Implications for Consumer Finance Lending and Debt Settlement...

On June 18, 2025, the New York Legislature passed the Fostering Affordability and Integrity through Reasonable (FAIR) Business Practices Act (the “FAIR Act”). This significant legislation marks the most substantial update to...more

Digital Assets Now Subject to Forfeiture Under New Connecticut Law

On June 4, 2024, Connecticut Governor Ned Lamont signed Senate Bill 6990 into law, making significant changes to the state’s asset seizure and forfeiture statutes by expressly including virtual currency and digital wallets as...more

Agency Deference Diminished: TCPA Enforcement Enters a New Era

In one of its final decisions in 2025, the U.S. Supreme Court curtailed the authority of the Federal Communications Commission (FCC) in interpreting the Telephone Consumer Protection Act (TCPA), signaling a broader...more

2025 Litigation Trends in Consumer Finance Protection: Steady Annual Growth Despite April Dip

WebRecon's April 2025 report presents an intriguing mix of data in the consumer complaints and litigation landscape. Despite a downturn in April's case filings compared to March of this year, the year-to-date (YTD) statistics...more

Federal Appeals Court Backs District Court: No Notary Exception to Face-to-Face Rule in Debt Relief Case

On June 2, 2025, the U.S. Court of Appeals for the Second Circuit issued a decisive ruling in a case involving allegations that certain debt-relief service providers illegally collected advance fees in violation of the...more

New York Leads State Consumer Protection Efforts Amid Federal Pullback, Pennsylvania in Tow

In the wake of reduced federal oversight following the Trump Administration’s rollback of the Consumer Financial Protection Bureau (“CFPB”), New York has emerged as a national leader in filling the regulatory void, with...more

New Jersey Court Reaffirms Judiciary’s Exclusive Authority Over Legal Practice, Voids Ambiguous Debt Adjustment Exception

In a recent decision, a New Jersey court reaffirmed the Judiciary Branch’s exclusive constitutional authority to regulate the practice of law within the state. The case involved a challenge to the “limited attorney exemption”...more

TCPA Litigation Update: Virginia, Texas, and Nevada Federal Courts Toss TCPA Lawsuits Over Lack of Clear Defendant Ties

Federal district courts in Virginia, Texas, and Nevada have recently dismissed a series of lawsuits brought under the Telephone Consumer Protection Act (TCPA), finding that plaintiffs failed to show how the defendants were...more

Connecticut Supreme Court Clarifies Attorney Exemption in Debt Negotiation Enforcement Action

On April 8, 2025, the Connecticut Supreme Court, in Commonwealth Servicing Group, LLC v. Department of Banking, issued an opinion that only attorneys and law firms are permitted to claim the attorney exemption from the...more

CFPB Memo Outlines New Supervision and Enforcement Priorities for 2025

On April 16, 2025, Mark Paoletta, Chief Legal Officer of the Consumer Financial Protection Bureau (CFPB or the Bureau), issued an internal memorandum to CFPB staff outlining the agency’s supervision and enforcement priorities...more

California Regulatory Update: DFPI Proposes Rules Regarding Licensing Under Digital Financial Assets Law (DFAL)

On April 4, 2025, the California Department of Financial Protection and Innovation (“DFPI”) issued a notice of proposed rulemaking to implement portions of the State’s Digital Financial Assets Law (“DFAL”) related to...more

North Carolina Legislative Alert: House Representatives Propose Amendments to Expand Debt Adjusting Prohibitions to Ban Debt...

Just a week from North Carlina Senators proposing Senate Bill 491, which seeks to create an act to license, examine, and regulate debt settlement services, North Carolina House Representatives Howard (R), Setzer (R), B. Jones...more

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