Important New CA Collection Issues!

Thursday!

IMPORTANT NEW CALIFORNIA DEBT COLLECTION ISSUES

Consumer financial institutions thatΒ conduct significant collection activities in CaliforniaΒ (whether or not you have offices in California) should be aware of two important developments in the law that may affect the way you do business —Β one of which is likely to lead to class litigation in the coming months.Β 

. .Β β€’Β .Β New licensing requirements take effect later this year. (You mayΒ thinkΒ you are exempt, but it is not at all clear that you are.)Β 

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