Luis Lluberas and Gabe Mathless published in Westlaw Journal
Charlotte Bankruptcy Member Luis Lluberas and Associate Gabe Mathless were published in Westlaw Journal Bank & Lender Liability on August 7. The article titled, "Henson leaves lingering risks for purchasers of defaulted consumer loans," discusses Henson v. Santander Consumer USA Inc., a decision by the U.S. Supreme Court, which held that a company is not a "debt collector" under the Fair Debt Collection Practices Act if it attempts to collect on consumer debt purchased for its own account. According to the article, although the Henson decision is great news for companies that purchase loans in default, the victory for debt collectors is a partial one.
Click here to read the article.