Mark Powell News
Court says CFPB didn't have authority to issue Civil Investigative Demand
WASHINGTON (Legal Newsline) - A federal appeals court has ruled that the Consumer Financial Protection Bureau overstepped its bounds when issuing a Civil Investigation Demand to the Accrediting Council for Independent Colleges and Schools (ACICS).
Second Circuit tells debt collectors to notify debtors of interest, late fees
NEW YORK (Legal Newsline) - The U.S. Court of Appeals for the Second Circuit updated a section of the Fair Debt Collection Practices Act in a March ruling, prohibiting debt collectors from misleading consumers as it pertains to their debt and interest.