What’s New in Debtor-Creditor?

Pennsylvania is one of 4 states suing the loan servicer Navient on student loan borrowers.  For more information on such suits, please see this article from the New York Times.

The constitutional status of the CFPB designed to protect consumers from predatory creditors in the lending and trade credit space has been questioned by a federal district court in New York, despite having been upheld by a federal appellate court in the District of Columbia.  As this issue percolates, consumers will find the D.C. courts…