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Court Interprets “Loser Pays’ Provision in Consumer Contract

Court Interprets “Loser Pays’ Provision in Consumer Contract

by Fred Luper | Sep 21, 2017 | Collections, Creditors' Rights, General

In a recent case (GATHER v. WALL & ASSOCIATES, INC., et al, 2017 –Ohio-765, March 2, 2017, ), the Montgomery County Ohio Court of Appeals decided that, while an arbitration provision in a consumer contract  was not “procedurally unconscionable” under the Ohio...
Federal Government Proposes Huge Overhaul of Debt Collection Industry

Federal Government Proposes Huge Overhaul of Debt Collection Industry

by Fred Luper | Aug 9, 2016 | Collections

The federal Consumer Financial Protection Bureau (CFPB) recently proposed a significant overhaul of the multibillion dollar debt-collection industry.  The regulations are intended by the CFPB to provide more rights to consumers, while making it much tougher on debt...
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