Tag Archives: First

California Near to Enacting Nation’s First Commercial Finance Disclosure Law

In the final days of its 2018 session, the California legislature sent a flurry of bills to Governor Jerry Brown’s desk on topics as diverse as net neutrality, school start times, and clean energy. But it is SB 1235, “Commercial … Continue reading

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(Video) WHAT DEBTS GET PAID FIRST OR AS “PRIORITY” IN CHAPTER 7 BANKRUPTCY?

Unless you have filed a Chapter 7 Bankruptcy and had non-exempt assets trustee sells and uses to pay creditors, you may never have wondered about this question. Why would you? I mean you have a life and you don’t worry … Continue reading

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Mulvaney’s First New Enforcement Action Continues Focus on Asset-Advance Firms

In the latest sign of regulatory scrutiny of asset-advance companies offering consumers what regulators believe are in fact regulated “credit” under federal law and “loans” under state law, the Bureau of Consumer Financial Protection (BCFP) filed its first new lawsuit … Continue reading

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Recap of First Day of FTC’s 21st Century Hearings

Changes in the economy, technology, international business, and data collection have all converged to make the FTC rethink its enforcement priorities going forward. In the spirit of the 1995 Pitofsky Hearings, the FTC on September 13, 2018 kicked off the … Continue reading

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Creditworthiness Assessment Bill 2017-19: first reading

On 12 September 2018, there was presented in the House of Commons the Creditworthiness Assessment Bill 2017-19 (the Bill), where it received its first reading. The Bill, a private members bill, if enacted, will amended the Financial Services and Markets … Continue reading

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