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News & Resources

It Is Time To Think Twice Before Trying To Collect Time-Barred Debt.

The Seventh Circuit has raised the bar yet again for any debt collector trying to collect a debt that may be time-barred.

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BREAKING NEWS: DOL Overtime Rule Blocked

In an eleventh-hour decision, a Texas federal judge has temporarily blocked the Department of Labor's (DOL) Final Rule increasing the minimum salary for exempt (salaried) employees from $26,660/year to $47,476/year. Read more

Wake Up Call! CFPB's Dream is a Debt Collector's Nightmare.

On July 28, 2016, the CFPB released its Outline for Proposals Under Consideration for Debt Collector Rules.  The "outline" is 117 pages of CFPB dreams for the debt collection industry.  If those dreams come true, debt collectors (and their clients) are in for some real implementation nightmares.

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Sessions Honored for Unparalleled Client Relationships in 2016 Rankings

Clients recognize Sessions, Fishman, Nathan & Israel for its unparalleled client relationships in the BTI Power Rankings 2016: The Law Firms with the Best Client Relationships. Read more

DOL Final Rule: What About Bonuses & Commissions?

We've received a number of calls and emails asking 3 main questions:

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BREAKING NEWS: DOL Doubles the Minimum Salary for Exempt Employees

Yesterday, the White House announced a Department of Labor (DOL) Final Rule increasing the minimum salary for exempt (salaried) employees to $47,476, effective December 1, 2016. The current minimum salary threshold for exempt employees is $23,660 annually ($455/week).

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U.S. Supreme Court calls into question federal jurisdiction over harmless statutory violations.

On May 16, 2015, the U.S. Supreme Court issued an opinion casting doubt on the continued viability of the long-held assumption that federal courts have jurisdiction whenever a consumer alleges the defendant violated a federal consumer law statute, no matter how minor or technical the violation.

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Personal Liability under the TCPA: The Dangers of Being the Boss

With little regard for general corporation protections, several courts have ruled employees and officers may be personally liable for TCPA violations.

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Seventh Circuit Slams Debt Buyer With Vendor Management Obligation Under The FDCPA

The Seventh Circuit Court of Appeals has struck another blow to the collection industry, imposing an obligation on a debt buyer to monitor its hired collection agency to ensure overall compliance with the FDCPA, and subjecting the debt buyer to independent liability if the debt collector violates the Act.

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DOL Proposed Rule: Ready or Not, Big Changes Are Coming

Do you employ exempt (salaried) supervisors, managers, trainers, recruiters, and other professionals earning less than $50,440 per year?  If so, Uncle Sam may be giving them a raise very soon, whether your margins can support the increase in pay or not.

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