Legislative Updates Archives

July 22, 2024 by Bryce Noel in CFPB

insideARM Weekly Recap – Week of July 15th, 2024

The ARM industry moves fast. Staying informed and sorting through what's relevant and what's just noise can be a challenge, but that's where insideARM steps in. We not only provide...

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June 25, 2024 by Orrick, Herrington & Sutcliffe LLP in Debt Collection

Colorado Tightens Regulations Related to Debt Settlement and Collection Practices

On June 6, the Governor of Colorado signed into law HB 1380 (the “Act”) which revised the state’s consumer protection laws related to debt collection, credit services organizations, and debt...

Art of Success / AdobeStock

May 29, 2024 by Orrick, Herrington & Sutcliffe LLP in Legislative Updates

Tennessee Amends its Consumer Protection Act

On April 23, the Governor of Tennessee signed into law HB 2711 (the “Act”) which amends, among other things, the state’s Consumer Protection Act. In particular, the Act establishes the...

motortion / Adobestock

May 28, 2024 by Bryce Noel in Artificial Intelligence

insideARM Weekly Recap – Week of May 20th, 2024

The ARM Industry is hard enough to keep up with during a normal week; last week (and with the CFPB in rare form) it was basically a full-time job in...

Art of success / Adobestock

May 23, 2024 by Bryce Noel in Collection Laws and Regulations

Controversial Minnesota Debt Fairness Act Signed into Law

This February the Minnesota Legislature looked poised to strike a major blow to the debt collection industry with its proposed language for the Minnesota Debt Fairness Act. As we reported,...

James Steidl / AdobeStock

May 13, 2024 by Bryce Noel in California

insideARM Weekly Recap- Week of May 6th, 2024

We at insideARM know how difficult it is to sift through every piece of news in the ARM industry to make sure you don’t miss anything significant. That is why...

Whittaya / Adobestock

May 9, 2024 by David N. Anthony in CFPB

CFPB Backs Connecticut and California Bills to Prohibit Medical Debt Reporting

Recently, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted letters to senators in Connecticut and California supporting their proposals to prohibit medical debt reporting.In Connecticut, Senate Bill 395 aims...

olegkruglyak3 / AdobeStock

May 8, 2024 by Justin B. Hosie in CFPB

CFPB Bites of the Month - April 2024 - Won't Get Fooled Again, CFPB

April was another month with no shortage of action from the CFPB. In this month's article, we share some of our top "bites" of the month so you can stay...

smarques27 / Adobestock

May 7, 2024 by Eric Rosenkoetter in Data

Nebraska Becomes 16th State to Enact Comprehensive Consumer Data Privacy Law

Nebraska Gov. Jim Pillen on April 17 signed into law LB 1074, the Nebraska Data Privacy Act, making Nebraska the 16th state to enact a comprehensive consumer data privacy law...

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April 17, 2024 by Eric Rosenkoetter in Consumers

Kentucky Becomes 15th State to Enact a Comprehensive Consumer Data Privacy Law

Kentucky Gov. Andy Beshear on April 4 signed into law House Bill 15, the Kentucky Consumer Data Protection Act, making Kentucky the 15th state to enact a comprehensive consumer data...

Legislative Updates