Tag Archives: SB908

Department of Financial Protection and Innovation Orders Sanctions Under the Debt Collection Licensing Act

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By Alexandra Loyo On September 22, 2021, the Department of Financial Protection and Innovation (DFPI) processed a Desist and Refrain Order and Order Assessing Penalties (Order) against the debt collector and debt buyer F&F Management (F&F). The Order marks DFPI’s Continue reading →

Department of Financial Protection and Innovation to License Debt Collectors and Buyers

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By Stephanie Mendivil SB 908 (Wieckowski), as amended August 24, 2020, amends sections 1788.11 and 1788.52 of the Civil Code, and adds Division 25 to the Financial Code, titled “Debt Collection Licensing Act,” relating to debt collectors. Specifically, the bill Continue reading →