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 […]
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 […]
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 […]
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 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 […]
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 […]
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 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 […]
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 […]
On July 12, 2019, Governor Gavin Newsom signed into law Cal. Civ. Code § 1459.5. The purpose of enacting Section 1459.5 was to legislatively overturn Lafferty v. Wells Fargo Bank, […]