Consumer Protection Law Blog
When you buy a car, your creditor can repossess it without going to court and first obtaining an order allowing for repossession. It’s called “self-help” rights. Contrast the substantial self-help rights of a creditor with the utter lack of rights of consumers to act without a court order. The protections afforded to consumers with respect…Read More
The article begins: “A former assistant vice president for JPMorgan Chase Bank in San Antonio claims in a lawsuit she was fired after she told her bosses the bank had misrepresented the value of thousands of delinquent credit card accounts slated to be sold.” Read more by clicking here. I will reserve comment since my…Read More
A good editorial appeared in last week’s NY Times about the new credit card regulations. Sad to see the Federal Reserve not stepping up to help consumers, again. I wish I could tell you to talk to your local congressperson. Click here to go to the article.Read More
The Supreme Court recently heard oral argument in Jerman v. Carlisle, McNellie, Rini, Kramer & Ulrich, et al. The Court will decide whether a debt collector can avoid liability for mistakes of law under the “bona fide error” defense, which can shield debt collectors from liability for unintentional violations in certain instances. Here’s the facts…Read More
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