On October 16, 2024, the Federal Trade Commission (“FTC”) announced a final version of a modification to a rule originally issued in 1973 aimed at protecting consumers from deceptive subscription practices. The Negative Option Rule, also known as the “Click-to-Cancel” rule, is designed to make it easier for consumers to cancel recurring subscriptions and memberships.… Continue reading FTC’s New “Click-to-Cancel” Rule: What You Need to Know
Be Cautious: Avoid Being Misled by Services Claiming to Assist with Class Action Settlements Class action settlements for consumers are not uncommon. It is likely that most reading this post have been a recipient of at least one letter stating that they are part of a class and can collect some amount from a settlement.… Continue reading Class Action Settlement Share Application Misdirection Warning
Despite the President’s signing of the stimulus bill, it is anticipated that bankruptcy filings still will increase, particularly in middle and small markets. Creditors who prepare in anticipation of those filings will usually find themselves in much better position to those who first react only after the bankruptcies begin. These preparations are important to establish… Continue reading Creditor preparation for a debtor’s bankruptcy filing
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