Banks Debt Buying Student Loans 
Troutman Sanders
OCTOBER 19, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge.
Troutman Sanders
JUNE 21, 2023
On June 19, while delivering remarks at an annual International Monetary Fund (IMF) Policy Roundtable hosted in Rabat, Morocco, Managing Director Kristalina Georgieva revealed that the IMF is “working on the concept of a global [central bank digital currency (CBDC)] platform.” For more information, click here.
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Collection Industry News
MARCH 30, 2025
To manage these rising consumer debt levels, debt collection agencies pursue unpaid debts from credit cards, personal loans, and medical bills on behalf of creditors, so as to recover funds that would otherwise remain unpaid. increase compared to the fourth quarter of 2023.
Troutman Sanders
OCTOBER 11, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Department of Education announced the establishment of an Office of Enforcement within Federal Student Aid (FSA).
Collection Industry News
OCTOBER 6, 2020
It primarily had the CARES Act to thank: The bill delivered hundreds of billions of dollars worth of stimulus checks and bulked-up unemployment benefits to Americans, while easing pressures on them by halting foreclosures, evictions and student loan payments. Debt-buying executives couldn’t help marveling at their good fortune.
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