Alerts

Ohio's 2,602 page budget bill recently signed by the Governor, includes an increase in fees to be charged by Ohio's County Recorders, effective October 17, 2019, for recording real estate documents.

Illinois Governor J.B. Pritzker signed House Bill 88, known as the Consumer Fairness Act, which reduces the applicable interest rate and shortens the period a judgment creditor can enforce its consumer debt judgment.

Ohio's Adult Protective Services statutes have long been on the books, however, few changes have been implemented as those that became effective March 20, 2019. Healthcare providers, creditors, lending institutions, and other individuals that regularly interact with elderly citizens will need to abide by newly expanded

Starting April 1, 2019, the value of property exempt from execution, garnishment, attachment, or sale under Ohio Revised Code 2329.66 will increase. This is done every three years, and intended to increase alongside the cost of living.

Ohio House Bills 480 and 489 were among the 32 bills signed into law by Governor Kasich on December 19, 2018. The new laws will take effect 91 days thereafter. H.B. 480 amends certain provisions regarding foreclosure sales by court-authorized private selling officers.

The Ohio legislature has passed Sub. S.B. 263, the Notary Public Modernization Act, for the Governor's signature. The bill will allow a notary public to obtain an electronic seal and electronic signature, and allow document signers to appear before the notary by means of live two-way audio-video communication.

On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Dodd-Frank Amendments), amending the Dodd-Frank Act. The most widely reported objective of the amendments was to make it easier for banks to lend to creditworthy customers...

On April 19th, changes made by the Consumer Financial Protection Bureau (CFPB) via the Mortgage Servicing Final Rule to Regulation Z will take effect, and mortgage servicers will be required to make changes to the periodic statements or coupon books that they send to borrowers who have filed bankruptcy.

Beginning on December 1, 2017, creditors and their counsel will be operating under many new rules governing the practice of consumer bankruptcy law.

On April 25, 2017, in a proceeding before the Office of the Comptroller of the Currency (OCC), one of the largest financial institutions in the U.S. entered into a Consent Order for a Civil Money Penalty, which included a payment of $15 million to the Department of the Treasury...