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What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

Businesses throughout Florida should be aware of consumer statutes that provide remedies to consumers and impose liability to businesses, even for small technical violations. Florida Consumer Collection Practices Act (FCCPA). Florida’s Consumer Collection Practices Act (FCCPA) Part 1: Understanding the FCCPA.

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Florida Federal Court Emphasizes Legal Disputes Do Not Give Rise to a Private Right of Action Against Furnishers

Troutman Sanders

The plaintiffs sued for violations of the Florida Consumer Collection Practices Act (FCCPA) and the FCRA. The plaintiffs disputed this information with the CRA, but the dispute did not result in a change in how the loan was reported.

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Can The CFPB Make Debt Collectors Reveal Their Attorney-Client Privileged Documents?

FDCPA Defense

CFPB-2012-0005 [link] The CFPB wants a “larger participant” to be any consumer debt collector who has more than $10 million in “annual receipts.” The Bureau estimates that this will bring approximately 175 entities, or the largest 4 percent of consumer collection firms, within the definition. Federal Trade Commission , 430 F.3d

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The plaintiffs, who include landlords and real estate trade associations from Alabama and Georgia, argue that the CDC exceeded its authority by imposing the ban. For more information, click here. On June 29, the U.S. Supreme Court refused to lift the CDC’s moratorium on evictions during the COVID-19 pandemic.

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COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)

Burr Forman

Connecticut – On March 9, 2020, the Department of Banking issued a no action memorandum stating the department would not enforce provisions against working from home for licensed entities, including consumer collection agencies and other financial institutions, until December 31, 2020.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On July 29, the CFPB and the Federal Housing Finance Agency published updated loan-level data for public use collected through the National Survey of Mortgage Originations. On July 29, the Federal Trade Commission (FTC) announced that it will send refund checks, totaling nearly $2.3 For more information, click here.