Companies that service or collect commercial debt are reminded that new practice requirements are taking effect in California starting July 1, 2025. As Mayer Brown reported when California Senate Bill ...

Licensure Requirements. Notably, the Collection Law amends California's debt collection licensing laws to exclude commercial debt collection. 10 As such, commercial entities subject to the terms of ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

OAKLAND — In 2020, California led the nation in outlawing transcript-withholding, a debt collection practice that sometimes kept low-income college students from getting jobs or advanced degrees. Five ...

It’s been 13 years since California’s debt crisis captured the public’s consciousness, as underfunded pensions and other employee liabilities shook up the state Capitol and local cities. The problem — ...