Legal News

Obamacare costs look set to spike for millions of Americans as Senate rejects duelling bills

Healthcare subsidies for millions of Americans appear likely to expire after the Senate rejected competing bills, a politically fraught issue ahead of next year’s midterm elections. Both Democratic and Republican plans fell short of the 60 votes needed to advance,…

Consumer debt crisis deepens: Americans are falling behind on credit cards, loans, and mortgages – is it time to worry?

Consumer debt crisis deepens. Americans now owe nearly $18.6 trillion in household debt. That’s a record high. Mortgages, credit cards, and student loans are driving the surge. Even prime borrowers are starting to slip on payments. Mortgage debt alone sits at over $13…

Rising household debt balances point to worsening ‘K-shaped’ economic divide

Americans are falling deeper into debt, but not across the board. Collectively, credit card balances rose by $24 billion in the third quarter to $1.23 trillion — up 5.75% from a year earlier to a fresh all-time high, according to a new report on household…

Penny Shortages Causing Big Legal, Business Headaches in Much of U.S.

Financial Services attorney Christopher Phillips was interviewed by Courthouse News Service about how the end to penny production in the U.S. is affecting businesses, banks and retailers. The U.S. Department of the Treasury decided to cease producing pennies earlier this year, citing…

Livesay v. NCS: District Court Dismisses FDCPA Claims After State Court Judgment

Court grants summary judgment to debt collector on FDCPA claims, finding pre-judgment collection efforts lawful and post-judgment communications not actionable debt collection. Livesay v. National Credit Systems, Inc., No. 4:22-CV-19-TLS (N.D. Ind. Oct. 27, 2025) By Laura Dadd – Compliance…

The number of debt collection cases in Alaska state courts is soaring, following national trends

Consumer debt is at record-high levels, and the number of Americans behind on their credit card payments is also on the rise. Every morning, Alaska’s court system publishes an updated list of new civil lawsuits filed across the state during the past…

New York appellate court affirms dismissal of FDCPA suit for lack of standing

On October 15, a New York appellate court affirmed the dismissal of a putative class action alleging violations of the FDCPA and New York General Business Law § 349. The plaintiff claimed that notices sent after a bankruptcy discharge, informing the plaintiff…

Indian doctors in US worry higher H-1B fee may destroy rural healthcare

Dr Mahesh Anantha is one of the few interventional cardiologists for miles around Arkansas’s Batesville area, a rural pocket of the US. Surrounded by farmland and a smattering of small industries and banks, the pastoral town with a population of…

Fed approves quarter-point interest rate cut and sees two more coming this year

WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market even as inflation is…

US national debt reaches a record $37 trillion, the Treasury Department reports

The $37 trillion update is found in the latest Treasury Department report issued Tuesday, which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than pre-pandemic projections. The Congressional Budget Office’s January 2020 projections had gross…