Florida Gov. Ron DeSantis recently signed legislation making it clear that debt collection emails sent between 9 p.m. and 8 a.m. do not violate Florida law.
Those are the hours that debt collectors are prohibited from communicating with debtors. Now, emails are excluded from that prohibition.
Wells Fargo cannot seem to stay out of trouble. The bank that created headlines over fake accounts and unauthorized insurance policies is again under fire, alongside several major financial institutions.
Under the Treasury Offset Program, the federal government can collect delinquent debts owed to its agencies. Its rules state that up to 15 percent of a person's Social Security benefits can be withheld to recover defaulted federal student loans. Garnishments cannot lower the monthly benefit amount to less than $750.
The Department of Financial Protection and Innovation (DFPI) has released its 2024 report, highlighting increases in investigations, public actions, and consumer outreach under the California Consumer Financial Protection Law (CCFPL), one of the most expansive consumer financial protection laws in the nation.
Quick analysis: Everything Down in April, Most Things Up YTD
This was another one of those fun paradoxical months where consumer complaints and litigation in April were all down from March, but most of them (except FDCPA complaints) were still up YTD. Interestingly, the March stats showed everything up for the month, so it’s a complete flip from last month.
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