During the first half of 2011, there was a great deal of federal and state legal and regulatory activity touching on credit counseling and debt services. And, with the rollout of the new Consumer Financial Protection Bureau – which will regulate credit counseling agencies, debt settlement companies, and housing counseling providers – now well underway, there are no shortage of developments on the horizon.
Below is a list of the best of the credit counseling and debt services-related legal articles and PowerPoint presentations published or delivered by our attorneys over the first half of the year. We have put together some very interesting, useful materials that should be of help to your organization as you tackle the always challenging array of legal issues facing credit counseling and debt services providers.
To read any of these articles, alerts, or PowerPoint presentations, please click on the title.
CFPB Targets Debt Relief Services Market for Supervision
Nonprofit Executive Compensation: Why You Should Be Concerned about Private Inurement and Excess Benefit Transactions and What You Can Do to Avoid the Tax Pitfalls
Telemarketing Sales Rule, Credit Repair Organizations Act, and Litigation Risk Developments
The New Challenges Facing the Credit Counseling Industry and What It Will Take to Survive
IRS Denies 501(c)(3) Status to Bankruptcy Counseling Agency
California DFI: CA Money Transmission Act Does Not Apply to Credit Counseling Agencies
U.S. Supreme Court Upholds Class-Action Waivers: What It Means for Consumer Product and Service Providers
Considerations in Mergers and Asset Transfers of Credit Counseling Agencies
Internal Revenue Code Section 501(q) and Its Critical Implications for the Nonprofit Housing Counseling Industry in Light of Recent IRS Guidance
What’s on the Horizon for Credit Counseling in 2011 and Beyond? Legal and Regulatory Outlook
The Legal Aspects of Using Social Media: How to Avoid the Pitfalls and Capitalize on the Opportunities
The Dodd-Frank Act and Implications for Nonprofit Organizations
2011 Legal and Regulatory Outlook for Credit Counseling Agencies
Congress Clarifies and Limits FTC ID Theft Red Flags Rule to Take Effect January 1, 2011
A Collection of Venable's Credit Counseling and Debt Services Legal Articles and Presentations from the Second Half of 2010