New Bill Regarding GAP Refunds To Consumers Signed
On January 1, 2023, new rules will go into effect concerning guaranteed asset protection waivers (“GAP”) in California. On September 13, 2022, Governor Gavin Newsom signed AB-2311 into law which […]
Category: James S. Sifers
Consumer Financial Protection Bureau Has New Leadership
With the recent confirmation of President Biden’s nomination to head the Consumer Financial Protection Bureau (“CFPB”), Mr. Rohit Chopra, the CFPB has new leadership and likely a more aggressive approach […]
Kasra Sadr’s Motion to Dismiss Federal Case Against Him Denied
In May of 2020, Madison Law, APC filed a lawsuit seeking to prevent Kasra Sadr and the Car Law Firm from directly or indirectly accessing the DMV’s confidential database for […]
California Rental Assistance Program
Given the unprecedented number of residential tenants who are in default for failure to pay rent given the COVID-19 pandemic, the California legislature has enacted a number of laws to […]
California Supreme Court to Review Holder Rule Attorneys’ Fees Limitations
The ever-changing position with respect to holder liability continues to evolve in California. In 2019, Cal. Civ. Code § 1459.5 became law. The purpose of enacting Section 1459.5 was to […]
Is Your Company Ready For The DCLA?
Is your debt collection company ready for the Debt Collection Licensing Act (“DCLA”)? (Cal. Fin. Code §§ 100000, et seq.) On January 1, 2022, the DCLA will take effect in […]
Charging Interest Finance Charges for Repo Fees
A point of contention for finance companies and other holders of retail installment sales contracts has been whether a consumer may be charged for interest/finance charges for unpaid costs associated […]
Round Two of the Paycheck Protection Program
This week, round two of the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) opened for application for funding through various financial institutions approved to administer the program. This second […]
COVID-19 INDUSTRY GUIDANCE: Automobile Dealerships and Rentals
COVID-19 INDUSTRY GUIDANCE: Automobile Dealerships and Rentals With COVID-19 cases on the rise, Governor Newsom has recently ordered new California closures for non-essential businesses. The State Public Health Officer has […]
Potential Limitations on Landlords and Protections for Tenants
California is continuing to explore legislation which would significantly alter the residential landlord tenant relationship as a result of the COVID-19 pandemic. Currently, AB-1436 is working its way through the […]