Insights

As we enter the second quarter of 2021, let us look back at some of the consumer litigation trends of this past year and begin to analyze some of the data. These trends continue to affirm some long-standing trends found in cases involving the consumer litigation filings for the FDCPA, TCPA, and FCRA.

As the effects of the COVID-19 pandemic continue to drive the U.S. economy, chapter 7 and 13 bankruptcy filings are bound to accrue across the nations courtrooms.

Filing a lawsuit to enforce your rights on an equipment finance agreement or lease may be a foregone conclusion. However, what steps you take before taking legal action are just as important. Doing your homework and exploring resolution opportunities prior to filing the lawsuit can save a lot in costs and time.

On December 27th, 2020, the Consolidated Appropriations Act of 2021 (CAA) was signed into law. The CAA amends the Bankruptcy Code which impacts creditors in bankruptcy matters. One such amendment affects section 366 of the Bankruptcy Code, namely: 11 U.S.C. 366 - Utility Service.

Now that the vaccine is being made available to more and more Americans every day, can your employer require you to get vaccinated once you qualify to receive one?

On December 27, 2020, the Consolidated Appropriations Act (CAA) was signed into law and provided further assistance for both borrowers who entered into such forbearance, as well as lenders.

In February 2020, the Supreme Court of Indiana issued its decision in Blair v. EMC Mortgage, which harmonizes the Statutes of Limitations (SOLs) for closed installment contracts.

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (Act), which has since been signed by the President. Under the terms of the Act, individual taxpayers will be receiving a second round of stimulus funds.

As introduced, H.B. 251 would have drastically reduced the statute of limitations for both oral and written contracts.

The Mortgage Bankers Association has reported that as of November 8th, 2.7 million homeowners are in active forbearance plans. Although the rate of new forbearance requests has declined for the 11th straight week, borrowers that are still experiencing financial hardship are likely to request an extension.