Covid-19 Spore

Orders Prohibiting “Outbound Collection Efforts” Not Likely To Affect Subrogation Efforts

Given the financial impact of COVID-19 on the country and world, both federal and local governments have scrambled to impose new protections for consumers. Federal protections have been put in place to prevent the collection of both principal and interest on certain federally-held student loans[1], as well as relief from foreclosure for many federally-backed mortgage…