During the first half of 2012, there was a great deal of federal and state legal and regulatory activity touching on consumer credit and debt-related services. The Consumer Financial Protection Bureau – the new federal agency that covers credit counseling agencies, debt settlement companies, housing counseling providers, debt collectors, and more – is now fully up and running and about to celebrate its first anniversary.
Below is a list of the best of our credit- and debt-related legal articles and PowerPoint presentations published or delivered by our attorneys over the first half of this 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- and debt-related service providers.
To read any of these articles, alerts, handouts or PowerPoint presentations, please click on the title.
Navigating a Consumer Financial Protection Bureau Investigation and Enforcement Action (Article)
CFPB Launches Rulemaking to Supervise Nonbanks (Article)
CFPB Launches Rulemaking on General Purpose Reloadable Prepaid Cards (Article)
IRS to Focus on Housing Counseling Agencies (Article)
Proactive Strategies for Minimizing Legal Risks in Providing Credit Counseling and Related Services (PowerPoint Presentation)
Tax-Exempt Organizations the Focus of Upcoming Congressional Hearings (Article)
CFPB Investigates Benefit of Arbitration Agreements (Article)
CFPB Warns of Service Provider Scrutiny (Article)
Housing Counseling Agencies: Tips to Avoid Government Scrutiny (Article)
Federal Crackdown on Debt Buyer Emphasizes Need for Consumer Disclosures (Article)
New Federal Consumer Protection Working Group Takes Aim at Consumer Fraud (Article)
Exploring Consumer Arbitration Provisions after CompuCredit v. Greenwood (PowerPoint Presentation)
Understanding the Relationship between Money Transmitter Laws and Regulations and Debt Management Plans (PowerPoint Presentation)
U.S. Supreme Court Upholds Use of Arbitration in CROA Lawsuits (Article)
Five Credit Counseling Compliance Tips and Best Practices for the New Year (Article)
Consumer Financial Protection Bureau Starts Nonbank Supervision Program (Article)
Upcoming Events
Consumer Financial Protection Bureau Investigations and FTC Coordination Tips and Techniques
American Bar Association Section of Antitrust Law
Webinar
July 11, 2012
The CFPB has begun work in earnest with regard to investigations and has announced a set of proposed procedural rules. Venable partner Randal M. Shaheen and Venable of counsel Jonathan L. Pompan, along with representatives from the FTC and the CFPB, will participate in a webinar entitled "Consumer Financial Protection Bureau Investigations and FTC Coordination Tips and Techniques" on July 11, 2012 at 3:00 p.m. ET.
For more information, please click here.
Association of Independent Consumer Credit Counseling Agencies (AICCCA) 19th Annual Conference
Washington, DC
July 20, 2012
Jonathan L. Pompan will speak on various legal and tax-exemption issues facing credit counseling agencies at the Association of Independent Consumer Credit Counseling Agencies (AICCCA) 19th Annual Conference.
For more information, please click here.