“My career has been linear,” Catharine Hanley says, “but it doesn’t always seem that way.” The middle child in a family with five kids, she grew up in a small Ohio town, population 1,000, and earned her undergraduate degree in history (hold that thought) from Miami University of Ohio. Continue Reading
The US Supreme Court issued an important decision involving creditors and the FDCPA on June 12. In Ricky Henson v Santander Consumer USA, Inc., Justice Gorsuch authored a unanimous ruling to the effect that a creditor that owns and attempts to collect consumer debt is not covered by the FDCPA. Continue Reading
The CFPB recently accelerated its enforcement focus in the area of consumer credit repair companies by filing an action against four California based entities and their individual owners. Continue Reading
Okay, this is a little technical, but it is an important topic for those who regularly deal with purchased debt in Florida. We have a statute (§559.715) which requires the buyer of a debt (the company to whom it is assigned) to notify the debtor of that assignment. Some courts have previously held that this… Continue Reading
According to today’s Wall Street Journal, all 3 of the major credit Bureaus will cease listing the vast majority of “civil judgments” in the near future. Continue Reading
Once an account has been reduced to judgment, the “judgment creditor” suddenly acquires new powers to collect the debt. This white paper comments on a few actions you may wish to take and those that you should not in this process. Careful analysis must be done before taking any action when collecting on a judgment, and we want… Continue Reading
On October 11, 2016 the CFPB inked a consent order in an administrative proceeding that they brought against Navy Federal Credit Union. A number of our credit union clients have called to discuss this development, so this article is intended to address those concerns. If you do not have a copy of the consent order… Continue Reading
You finance your member’s vehicle purchase, he defaults on the loan and hides your collateral from your repossession agent. Now you want to quickly recover that collateral through the legal system. Is this possible? Absolutely. At Hiday & Ricke, P.A., we know how important it is for you to quickly recover your collateral when a member defaults on their… Continue Reading
The Supreme Court of Florida recently announced an important new decision that will impact all judgment creditors in Florida. The Court recently overturned previous rulings concerning how judgment interest is to be accrued. As you may know, judgments in Florida are valid for a full 20 years from the date they are executed by the… Continue Reading
Over the past 36 years of my legal career, I have repeatedly encountered clients, various creditors, attorneys and others who do not fully understand how judgments work in this state. Below are a few of the more interesting aspects that impact any creditor who litigates their debt collection work: Continue Reading
