As insideARM reported last month, oral arguments on the Defendant’s Motion to Dismiss the Consumer Financial Protection Bureaus (CFPB) action against the Georgia collection law firm Frederick J Hanna & Associates P.C. were held on June 3rd in Atlanta. Yesterday the judge issued an order denying the defendant’s motion to dismiss.
Local Law 15 was adopted in 2009 and among other things included law firms that do debt collection and asset buyers to the list of entities regulated by the city. Two law firms, Eric M. Berman PC and Lacy Katzen LLP, sued the city over the law, arguing it encroached on the state’s authority to […]
CenterPoint Legal Solutions announced today that Shannon Battani has joined the company as Director of Legal Network. “We are ecstatic to have the opportunity to work with a proven industry leader of Shannon’s caliber,” said President Aaron Rose. Mark Hutchins, Senior Vice-President of Operations, added, “Her extensive legal solutions experience within the ARM industry provides […]
Oral arguments on the Defendant’s Motion to Dismiss the CFPB action against the Georgia law firm Frederick J Hanna & Associates P.C. were held on June 3rd. The stakes are high, not only for the Hanna law firm, but also any law firm that handles a high volume of consumer debt collection matters. The case should be front and center for all law firms practicing in this space.
West Virginia had once been described as one of the most treacherous states within which to conduct debt collection business. Collection agencies were frequently sued by consumers for contact after the consumer alleged to have retained an attorney. Some updates to the West Virginia Consumer Credit Protection Act, however, could offer both clarity and protections for collection agencies.
A date has been set for oral arguments on a motion to dismiss the lawsuit brought by the CFPB against Georgia law firm Frederick J. Hanna & Associates P.C. The hearing is set for June 3, 2015 at 2:00 PM EDT in Atlanta. insideARM has been monitoring and reporting on the case since its inception. […]
A Senate Committee in the North Carolina legislature this week approved a bill that would soften that state’s requirements for debt collection lawsuits, especially for debt buyers. The prospect of a change to the rules has led to protests from some lawmakers and consumer advocates.
The U.S. Supreme Court has agreed to hear an important case that will decide whether a plaintiff who cannot show any actual harm from a violation of the FCRA nevertheless has standing to sue for statutory damages in federal court. The consequences of the decision will likely extend significantly beyond FCRA litigation and affect numerous other statutes, including the FDCPA and TCPA .
Financial services law firms Maurice & Needleman and McGinnis Wutscher today announced they have joined forces to better serve their clients in key cities nationwide. The alliance now enables the two firms to provide the services of 24 lawyers in 10 offices in the Northeast, Southeast, Midwest and West.
Just in case there was a doubt about what the consumer bar is really after, a prolific attorney that targets the ARM industry argues that the CFPB is “ineffective” in its regulatory efforts because it doesn’t get enough money from collection agencies and debt buyers to settle consumer complaints.