Nov 1, 2018 | Banking, Financial Services
By Litigation & Creditors’ Rights & Bankruptcy Practice Groups Congress recently passed the Economic Growth, Regulatory Relief, and Consumer Protection Act (“Act”), which, among other things, amends the Secure and Fair Enforcement for Mortgage...
Jun 13, 2018 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, News
By: Erich Paetsch, Creditors’ Rights & Bankruptcy and Litigation Lawyer On June 4th, the Supreme Court clarified when discharge of debts may occur if the debt arises out of fraudulent statements about assets. As a result, banks cannot assume that all...
Jun 6, 2018 | Creditors’ Rights & Bankruptcy, Financial Services
By: Litigation and Creditors’ Rights & Bankruptcy Practice Groups Since the last election, President Trump and the Republican-controlled Congress have worked to undo many of the laws and regulations aimed at consumer protection passed under the Obama...
Jun 14, 2017 | Banking, Financial Services, Litigation, News
By Creditor’s Rights & Bankruptcy Practice Group On June 12, 2017, in a decision written by newest Supreme Court Justice Neil Gorsuch, the Supreme Court unanimously held that a party that purchases debts and then pursues collection activity on its own is...
Jun 8, 2017 | Banking, Financial Services, Litigation, News
By Litigation Practice Group It has been a busy day in Washington, D.C. Among the many goings-on in the nation’s capital, the U.S. House of Representatives passed the Financial CHOICE Act (“CHOICE Act”) by a 233–186 vote. The CHOICE Act amends and/or eliminates many...
Mar 8, 2017 | Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
By: Creditor’s Rights & Bankruptcy Practice Group Last month, the Oregon Court of Appeals held in Nationstar Mortgage, LLC v. Niday that when one party “is in possession of [a] promissory note indorsed in blank and [the other party] is in default of [its]...
