The Supreme Court of Virginia upheld the dismissal of a post-foreclosure-sale challenge by a Borrower who asserted that the Lender failed to provide her reinstatement figures, holding that the Borrower failed to articulate an injury, since she failed to claim that she had the ability to cure the default.
Md. Holds Unlicensed Debt Buyer Judgments Are Not Void; Consumers Have Private Action
Md. holds that even a “passive” owner of a consumer debt may be required to hold a collection agency license, but a judgment in favor of an unlicensed collection agency is not void based merely on lack of licensure. However, aggrieved consumers could proceed with a private cause of action against the unlicensed collection agency.