Welcome to Hudson Cook Insights - a collection of articles written each month by the attorneys of Hudson Cook, LLP, in an effort to keep their clients and other compliance professionals informed about current trends and developments in consumer credit finance that will affect the way they do business.
As we reported in February, despite having a buy-now-pay-later (BNPL) statute on the books since May of 2025, the effective date of the law is tied to the adoption of an implementing regulation. Recently, that regulation took one step closer toward being finalized. article continued
Collection agency licensing laws generally apply to third-party debt collectors—companies collecting debts owed to someone else. Businesses sometimes attempt to structure transactions to avoid that characterization, taking the position they are first-party collectors outside the scope of the licensing requirement. article continued
In this month's article, we share some of our top "bites" covered during the July 2026 webinar. article continued
On May 28, the U.S. Department of Justice announced a settlement with a San Antonio towing company over claims that the company illegally sold, auctioned, or otherwise disposed of approximately 93 vehicles belonging to servicemembers without court orders, in violation of the Servicemembers Civil Relief Act. article continued
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