News

December 20, 2018

CompuMail shares Eric Mulligan's article on collection of time-barred debts in California

In the December 2018 issue of The Quarterly Post client newsletter, CompuMail referenced Eric Mulligan's article, "A New Wrinkle in Collection of Time-Barred Debts in California," written for Hudson Cook's monthly Insights newsletter. Effective January 1, 2019, a new law requires disclosures in any communication by a debt collector attempting to collect a time-barred debt. This includes first-party creditors - in addition to third-party creditors - so auto dealers and finance companies should pay attention.

Eric advises federal and state chartered depository institutions, mortgage bankers, finance companies and licensed lenders in the development and maintenance of consumer mortgage, automobile finance and other credit programs.

Click here to read the Insights article.

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