Collection Agencies Foreclosure Trade 
Troutman Sanders
JULY 7, 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. The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. On June 29, the U.S.
Burr Forman
DECEMBER 4, 2020
The new bill issued a moratorium on evictions, foreclosures, and repossessions, which expired on June 30, 2020. Indiana – On March 24, 2020, the State Department Securities Commissioner issued guidance providing that licensees, including collection agencies, are not barred from working remotely temporarily during the COVID-19 pandemic.
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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. These FAQs are a Compliance Aid designed to help collection agencies comply with Reg F, which goes into effect on November 30, 2021.
Collection Industry News
JUNE 29, 2024
1 Approximately 44,000 borrowers had foreclosure notations on their credit reports, a little more from the previous quarter.7 If you continue to not pay your credit card debt, the credit card company will sell the debt to a collection agency. The agency will attempt to collect the debt from you. trillion.
Troutman Sanders
OCTOBER 4, 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. On September 28, Federal Trade Commission (FTC) Chair Lina M. You may access this interactive tool at [link]. Coast Professional, Inc.,
Troutman Sanders
MARCH 22, 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. The bill also would require such payments to be encoded, and would extend other restrictions on collection of such funds.
Troutman Sanders
MARCH 1, 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. The eviction moratorium law is part of New York state’s COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020.
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