The Colorado Supreme Court has issued a unanimous decision clarifying the documentation requirements debt buyers must meet when filing collection lawsuits under the Colorado Fair Debt Collection Practices Act (CFDCPA). The court held that a debt buyer must attach an assignment or other written documentation that specifically establishes ownership of the consumer’s debt when initiating a collection action. The court also determined that an affidavit cannot be used to replace or remedy missing chain-of-title documentation required by statute.
The National Fair Housing Alliance, Rise Economy, and two fair lending compliance companies (BLDS, LLC, and SolasAI) filed suit in the U.S. District Court for the District of Columbia challenging the CFPB’s Regulation B final rule, which implements the Equal Credit Opportunity Act (ECOA). The case is notable not only for challenging the CFPB’s significant rewrite of longstanding Reg B, but also because these are the first consumer advocacy organizations to sue the CFPB over the final rule.
For collections leaders, the old signs of trouble—like a single missed payment—are being replaced by more deliberate patterns of managing money. Borrowers are moving away from "crisis management" and toward a planned way to resolve what they owe. This shift has a big impact on the relationship between lenders and debt settlement companies.
The federal banking agencies have proposed the most significant overhaul of the CAMELS supervisory rating system in nearly 30 years, signaling a major philosophical shift in bank supervision. The proposal would revise the Uniform Financial Institutions Rating System (“UFIRS”) to place greater emphasis on material financial risks and less emphasis on process-oriented supervisory criticisms.
Commercial chapter 11 bankruptcy filings increased 42% in April 2026 compared to the same month in 2025, according to new data released by Epiq AACER and the American Bankruptcy Institute. The report showed 644 commercial chapter 11 filings in April 2026, up from 454 filings recorded in April 2025.
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