California's new SB 1286 amendment broadens the Rosenthal Fair Debt Collection Practices Act, extending certain consumer protections to individuals with commercial debt under $500,000. Creditors, ...

Nigeria’s premier teaching hospital, the University College Hospital (UCH), Ibadan, grappled with an unprecedented ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

The Trump Administration’s “temporar[y] pause” in federal funding shocked federal funding recipients across a range of industries. Announced by ...

NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as per section 53 (1) of the Insolvency and Bankruptcy Code and the same ...

Adrienne Hines, a bankruptcy attorney, explains that secured debt gives lenders "security" through valuable assets such as ...

On February 6, a judge for the United District Court for the Eastern District of Texas issued a 90-day stay on the CFPB’s ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to debt collection practices. Like 2023, the theme of 2024 was ...

American households carry a total of $17.943 trillion of debt and average $104,215 per household. Total debt is at an all-time high as of the third quarter of 2024, according to the Federal Reserve.

President Donald Trump spoke to reporters aboard Air Force One on Sunday and commented that the U.S. debt may be smaller than thought because of unspecified fraud. As President Donald Trump begins ...

The bill will need to pass a second reading on the Senate Floor next Wednesday and pass out of the Senate into the House next ...

Keeping up with due dates and minimum payments can feel overwhelming, but consolidating your credit card debt offers a path to regaining control of your finances. Credit card consolidation ...