Complexity of Calculating Out of Stat Date Rears its Head in Maryland Court Decision

With the Consumer Financial Protection Bureau's (CFPB) new Supplemental Notice of Rulemaking (SNPRM) for time-barred debts, statutes of limitations are on everyone's mind. One common concern—shared even by the CFPB itself—is the complexity involved in determining which statute of limitations applies to each particular debt. Each state governs its own laws regarding limitations periods. Different types of debts can have different limitations periods (for example, traditional banking debts v. auto deficiencies).

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News and Opinion

from insideARM.com

» Complexity of Calculating Out of Stat Date Rears its Head in Maryland Court Decision

» ‘Consumer Privacy Protection Act’ Introduced in the Ocean State

» Supreme Court Justices Struggle to Determine Presidential Authority to Fire CFPB Director

» Privacy Legislation Introduced in the Garden State is a Short but Weedy Row to Hoe

» U.S. House of Representatives Passes Amendment to FDCPA for Stronger Protection for Servicemembers

» Remitter USA Inc. hires Jennifer Cummings, CPA as its Chief Financial Officer

» Are You Really Speaking With a Human Consumer?

» ‘Consumer Privacy Act’ Introduced in the Land of Lincoln

‘Consumer Privacy Protection Act’ Introduced in the Ocean State

Rhode Island S 2430 is titled the “Consumer Privacy Protection Act” and has a number of provisions similar to the California Consumer Privacy Act, though the annual gross income threshold is much lower.

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2 December 2020 at 06:00 a.m.

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