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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The Office of Enforcement will be responsible for oversight of enforcement actions against postsecondary schools that participate in the federal student loan, grant, and work-study programs. On October 26, the Nevada’s Financial Institutions Division is holding a workshop on regulations pertaining to medical debt collections and S.B.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

million to consumers harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Department of Education announced the establishment of an Office of Enforcement within Federal Student Aid (FSA). According to the announcement, the new office will “strengthen oversight of and enforcement actions against postsecondary schools that participate in the federal student loan, grant, and work-study programs.”

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Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

The debt collection agencies market is segmented by agency type into First-Party Agencies, Third-Party Agencies, and Sale Of Debts; by debt type into Bad Debt and Early Out Debt; and by application into Financial Services, Healthcare, Student Loans, Government, Retail, Telecom and Utility, Mortgage, and Other Applications.