Tag Archives: COVID-19

Performant Recovery has filed a notice with the state of Oregon that it is planning on laying off 60 employees at its location in Grants Pass, Ore., and will not bring back 31 employees who had been furloughed, citing the COVID-19 pandemic and changes to student loan collections as the …

The number of individuals who are at least three months behind on their mortgages has increased by 250% in the past year, and 11 million renters and homeowners are at risk of losing their homes to foreclosure or eviction, according to a report issued by the Consumer Financial Protection Bureau …

More than 44% of individuals with student loan debt have not made any payments since last March, according to the results of a poll released on Friday. About 22% of the individuals who participated in the poll said they had some form of student loan debt, with most of the …

A District Court judge in Texas has ruled that the Centers for Disease Control (CDC) overstepped its authority when it ordered that all evictions be stopped during the COVID-19 pandemic. A copy of the ruling in the case of Terkel v. Centers for Disease Control and Prevention can be accessed …

A bill has been reintroduced in the Senate that would prohibit healthcare providers and their agents from engaging in “extraordinary collection actions” until the COVID-19 pandemic is over or 18 months after the law is enacted. S.355, or The COVID-19 Medical Debt Collection Relief Act of 2021 was introduced this …

A big bill is coming due soon for a lot of people across the country who are likely to end up hearing from debt collectors but are probably not going to be able to repay the debt, according to a report from the National Consumer Law Center. The NCLC’s report …

Not surprisingly to anyone that collects medical debt and has seen a significant dropoff in placement volume in recent months, but a lot of people have skipped going to the doctor or dentist in the past year because they were worried about being exposed to COVID-19, according to a recently …

A bill is moving through the legislature in Ohio that would halt the collection of all debts owed to any state college or university and any hospital operated by a college or university while also pausing the accrual of interest and collection fees on those debts. The bill was introduced …

In his first public remarks, Dave Uejio, the acting director of the Consumer Financial Protection Bureau yesterday shared a statement he had sent to all the agency’s employees, pledging to take “aggressive action” to ensure companies regulated by the CFPB “follow the law and meet their obligations” to assist consumers …

The Consumer Financial Protection Bureau has released a special edition of its Supervisory Highlights report, detailing information it received from the entities it regulates about how they have responded to the COVID-19 pandemic. When the pandemic hit last March, the CFPB re-scheduled about half of its supervisory examinations and replaced …