Alerts
Alerts / 8 October 2026
Congress Moves to Raise Bankruptcy Debt Limits: What Creditors Should Know
Congress recently passed the Bankruptcy Threshold Adjustment Act of 2026. The bill will be sent to President Trump for his approval. Two of the provisions within the Act are particularly important to bankruptcy cases.
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Alerts / 2 October 2026
Rising Bankruptcy Costs Make Efficient Vendor Management More Important Than Ever
As bankruptcy filing activity continues to remain elevated and operational costs increase, creditors and loan servicers are facing another round of expense increases associated with bankruptcy administration.
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Alerts / 6 August 2026
Michigan Lawmakers Consider Significant Changes to Garnishment Law
Michigan lawmakers are considering another significant change to the state's garnishment laws. Introduced on July 3, 2026, House Bill (HB) 6205 would amend the Revised Judicature Act to expand and clarify categories of income that are exempt from garnishment.
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Alerts / 14 July 2026
Ohio One Call Law Changes Expand the Definition of Excavation
Ohio House Bill 227 went into effect June 9, 2026 amending some of the language in Ohio's One Call Law (O.R.C. 3781.25 et seq.) and Ohio's Public Improvement Law (O.R.C. 153.64).
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Alerts / 10 July 2026
U.S. Supreme Court Clarifies Constitutional Limits on Tax Foreclosure Recoveries
Last year, Cleveland Shareholder Ben Hoen reported that the U.S. Supreme Court agreed to hear Pung v. Isabella County, a Michigan tax foreclosure case that raised important questions concerning the constitutional rights of property owners following a tax foreclosure sale.
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Alerts / 29 June 2026
Philadelphia County Commences Credit Card Conciliation Program
Following programs established by the Courts of Common Pleas in Luzerne, Lancaster and Blair Counties to handle increasing volumes of cases involving consumer credit card debt...
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Alerts / 14 May 2026
CFPB Finalizes Significant Changes to Regulation B Under ECOA
On April 22, 2026, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending the Equal Credit Opportunity Act (ECOA) and Regulation B, making significant changes to how creditors evaluate fair lending compliance, applicant discouragement, and Special Purpose Credit Programs (SPCPs).
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Alerts / 7 May 2026
Michigan Supreme Court to Hear Dispute Over Nine Unenrolled Bills
The Michigan Supreme Court heard oral arguments May 7, 2026, regarding nine bills passed during the 2024 legislative session that were never transmitted to Governor Gretchen Whitmer for signature.
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Alerts / 23 March 2026
FinCEN Residential Real Estate Reporting Rule Vacated
In Flowers Title Companies, LLC v. Bessent, a federal district court held that FinCEN exceeded its statutory authority under the Bank Secrecy Act in promulgating its 2024 Final Rule governing reporting...
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Alerts / 20 February 2026
The FinCEN Real Estate Reporting Rule: A Guide for Creditors
If you operate in the creditor's rights space, you are already used to alphabet soup: UCC, FDCPA, RESPA, CFPB. Now add one more bowl to the table: the Residential Real Estate Reporting Rule issued by Financial Crimes Enforcement Network (FinCEN).
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