Consumer Loan Servicing Symposium – Fundamental and Emerging Risk Issues

January 30, 2024

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On January 30, 2024, Member Jim Sandy (Cleveland) will participate in a webcast hosted by the Pennsylvania Bar Institute (PBI) on “Debt Collection and Loan Servicing – Fundamental and Emerging Issues.”

The comprehensive course delves into the intricate landscape of debt collection and loan servicing, focusing on key regulations such as the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices (FDCPA), Telephone Consumer Protection Act (TCPA), and Unfair, Deceptive or Abusive Acts or Practices (UDAP). Attendees will gain a deep understanding of these crucial aspects to navigate the evolving challenges in the financial industry.

Learn more on the PBI website.

Insights

Alert

Cellphone Users Are Not Categorically Excluded From Definition of “Residential Subscriber” Under TCPA

July 23, 2024

On July 3, 2024, the United States District Court for the Southern District of New York held that “users of cellphones are not categorically excluded from the definition of ‘residential subscriber’ under the TCPA”.

Presentation

Hedging the Risk of Mass Arbitration: Waivers, Pre-Dispute Resolution, Batching, Sequencing, New Rules, and More

April 25, 2024

Member Jim Sandy (Cleveland) will present a Strafford webinar, "Class Action Defense: Containing the High Cost of Mass Arbitration; Challenges to Batching and Bellwether Procedures," on April 25, 2024.

Presentation

The CFPB and Foreclosure: Latest Guidance, Areas of Scrutiny, and More

March 5, 2024

Member Jim Sandy (Cleveland) will present "The CFPB and Foreclosure: Latest Guidance, Areas of Scrutiny, and More" at the National Business Institute's (NBI) Webcam Event Foreclosure 2024: Rules, Regulations, and Case Law on March 5, 2024.

News Release

McGlinchey Welcomes Seasoned Bankruptcy Attorney Tom Henderson

January 30, 2024

McGlinchey Stafford is pleased to announce the addition of Tom Henderson to the firm’s Creditors’ Rights, Financial Restructuring, and Bankruptcy team within the Financial Services Litigation practice. With more than 35 years of experience in bankruptcy law in private practice and with PNC Bank, Tom brings a wealth of knowledge and a distinct, holistic approachMore

Alert

CFPB: Ignorance is No Excuse in FDCPA False, Deceptive, Misleading Violations

January 17, 2024

On January 2, 2024, the Consumer Financial Protection Bureau (CFPB) filed an amicus brief in the case of Carrasquillo v. CICA Collection Agency, Inc. where it argued that knowledge (i.e. “scienter”) of a violation of the Fair Debt Collection Practices Act (FDCPA) was not required to be found liable for making a false, deceptive, or misleading representation in connection with the collection of a debt.

Presentation

Regulatory Pulse: Exploring Consumer Finance Updates and Trends

January 25, 2024

Member Jim Sandy and Associate Paul Lysobey will co-present “Regulatory Pulse: Exploring Consumer Finance Updates and Trends,” a Knowledge Webcasts webinar on January 25, 2024.

Presentation

Ohio Collection Law: The Ultimate Guide

December 11, 2023

Member Jim Sandy (Cleveland) will co-present “Ohio Collection Law: The Ultimate Guide,” a National Business Institute (NBI) webinar on December 11, 2023.

News Release

McGlinchey Attorneys Named to Leadership Roles in ABA Business Law Section

November 28, 2023

McGlinchey Stafford is pleased to announce that several members of the firm have been appointed to leadership roles within the American Bar Association’s Business Law Section.

In the Media

CFPB Report Puts Spotlight On Bogus Medical Debt Collection

November 16, 2023

Member Jim Sandy (Cleveland) was quoted by Law360 in an article detailing the highlights of a recent report by the Consumer Financial Protection Bureau (CFBP).

Published Article

Junk Fee Supervisory and Enforcement Activity Targets Auto Servicers

October 23, 2023

The CFPB has made combating so-called junk fees an agency priority, bringing multiple enforcement actions, undertaking supervisory activity, and collaborating with the FTC and the Biden administration to curb consumer finance companies from charging fees.