The National Consumer Law Center has issued this press release, entitled "CFPB Fails to Protect Consumers From Abusive Collection of Time-Barred Debts (Again)," which, among other things, castigates the CFPB for failing to flat-out "ban collection of time-barred debt in and out of court."
Author Archives: Brian Wolfman
Law profs Dalie Jimenez and Jonathan Glater have written Student Debt is a Civil Rights Issue: The Case for Debt Relief and Higher Education Reform for the Harvard Civil Rights-Civil Liberties Law Review. Here is the abstract: For an ever-growing number of students aspiring to higher education, borrowing is essential. Yet the burdens of indebtedness […]
The Consumer Financial Protection Bureau has published Five ways to recognize a Social Security scam. Last summer, the agency warned in this short memo about the increasing number of scams aimed at getting social-security numbers or benefits. It explained how to identify scams (as opposed to legit inquiries from the Social Security Administration) and how consumers […]
Isn't that why the HR director at Wells Fargo, in explaining why his company was getting rid of forced arbitration of sexual-harassment claims, observed that "Wells Fargo has zero tolerance for sexual harassment"? So, for really bad stuff, it's only fair to let people go to court. Is that it? Does the company tolerate just […]
Law prof CJ Ryan has written Paying for Law School: Law Student Loan Indebtedness and Career Choices. Here is the abstract: Student loan debt has reached crisis levels, topping $1.64 trillion dollars this year and surpassing credit card debt to become the second largest source of debt held by Americans. When discussing student loan debt, […]
I was surprised to see this headline given Trump's reverence for education and that he once headed a university himself. But it appears to be true. In Trump looks to kill student loan forgiveness program, Annie Nova explains that As student debt continues to climb, President Donald Trump on Monday released a budget for 2021 […]
The 12-page decision, by a per curiam panel composed of Judges Henderson, Tatel, and Griffith, is here. The decision includes this paragraph: The Members [of Congress] can, and likely will, continue to use their weighty voices to make their case to the American people, their colleagues in the Congress and the President himself, all of […]
Take a look at All-Caps by law profs Yonathan Arbel and Andrew Toler. Here is the abstract: A hallmark of consumer contracts is long blocks of capitalized text. Courts and legislators believe that such “all-caps” clauses improve the quality of consumer consent and thus they will often require the capitalization of certain key terms in […]
Take a look at the Seventh Circuit's January 24 decision in Bigger v. Facebook, Inc., No. 19-1944. The Seventh Circuit succinctly sets out the dispute and its holding: This case presents the question whether a court may authorize notice to individuals [who are putative members of a Fair Labor Standards Act "collective" action and] who […]
That's the name of this article by law profs John Brooks and David Gamage. Here is the abstract: Wealth tax reform proposals are playing a major role in the 2020 presidential campaign. However, some opponents of these wealth tax reform proposals have claimed that a wealth tax would be unconstitutional. Other prominent critics have argued […]