Clik here to view.
Cashing in on Bad Checks
By: Matthew M. Young, Attorney As a financial institution, credit unions expect to incur certain losses for members who pass bad checks; however, it is critical to utilize methods available in the law...
View ArticleClik here to view.
WWR Attorney attending the PCUA
Join WWR Attorney Matt Urban at the PCUA Connect Conference at the Hershey Lodge in Hershey, PA on May 14th – 16th!
View ArticleClik here to view.
CFPB Proposes Payday Lending Restrictions
By John Porter, Partner The Consumer Financial Protection Bureau (CFPB) recently indicated it was exploring limitations to end payday debt traps by requiring lenders to take steps to ensure consumers...
View ArticleClik here to view.
Charging for Records Requests
By Matthew Young, Attorney All Credit Unions are faced with the daunting challenge of providing exceptional member service to its members while keeping its costs low. One of the more frustrating and...
View ArticleClik here to view.
Michigan’s Amended Periodic Garnishment Statute
By David Wolfe, Attorney Michigan allows judgment creditors to garnish funds owed to a judgment debtor through a periodic garnishment (which is typically sent to an employer), a non-periodic...
View ArticleClik here to view.
CFPB Issues Final Rule Postponing Implementation of TILA/RESPA Regulations to...
By Matthew D. Urban, Attorney On June 3, 2015 the director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, announced in a letter to Congress that the CFPB was postponing...
View ArticleClik here to view.
Rights to Set Off from a Credit Union’s Account
By: Matthew Young, Attorney I want to take a moment to address rights to set off (or “offset”) from a credit union’s account. This issue most commonly arises when the debtor misses a payment or dies....
View ArticleClik here to view.
Fraud Alert-Forged Paystubs
By Matthew M. Young, Attorney While forging paystubs to obtain credit is not a new concept, I have a number of credit unions that have advised me of an alarming increase in the use of these phony...
View ArticleClik here to view.
Bankruptcy Forms to Change December 1st
By Keri P. Ebeck, Partner As of December 1, 2015, the United States Bankruptcy Courts will mandate usage and filing of the forms approved at the Judicial Conference in September 2015. Although many of...
View ArticleClik here to view.
How IRS Form 982 Can Aid Credit Unions and their Members with Debt Settlements
By: Nicholas K. Rohner, Esq. For any credit union seeking to negotiate with one of its members over a lump-sum settlement of the member’s delinquent, unsecured debt,[1] one potential roadblock is IRS...
View Article
