CFPB Orders VyStar Credit Union to Pay $1.5 Million for Illegally Stranding Consumers from Accessing Their Money and Accounts

VyStar’s botched system switch left families in a lurch, unable to manage finances and facing fees Today, the Consumer Financial Protection Bureau (CFPB) took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system. In May 2022, VyStar transitioned to a new, dysfunctional online banking platform that… Read More »

Attorney Murphy in the Wall Street Journal

Attorney Robert Murphy was recently quoted in the Wall Street Journal article, “Car Breakdowns Are Making More People Fall Behind on Their Loans.” The article discusses how car breakdowns are increasingly becoming a financial burden on American consumers, leading many to fall behind on their car loan payments. With years of experience as a Florida… Read More »

Consent Decree Against Nissan Motor Acceptance for Deceptive Repossessions

2019 Nissan Altima

Today, the Consumer Financial Protection Bureau (Bureau) issued a consent order against Nissan Motor Acceptance Corporation (Nissan), an auto financing subsidiary of Nissan North America, Inc., which services auto loans and leases originated by Nissan and Infiniti dealerships nationwide.  Nissan’s servicing operations are headquartered in  Irving, Texas.  The Bureau found that Nissan and its agents:… Read More »

Attorney Murphy Speaks at University of Pretoria International Consumer Law Conference

Attorney Murphy was invited by the University of Pretoria, South Africa to speak at the Fourth Bi-Annual International Consumer Law Conference on the topic of the “Secured Transactions for Movable Goods.” Attorney Murphy participated on the panel with Letitia James, the New York Attorney General, and Professor Anthony Idigbe from the University of Lagos, Nigeria…. Read More »

Attorney Murphy Appointed to Broward County Consumer Protection Board

Attorney Robert W. Murphy was appointed today to the Broward County Consumer Protection Board.  The Board was  created by the County Commission to promote, protect, and improve the health, safety, and welfare of the residents of Broward County by hearing consumer complaints submitted against businesses operating in Broward County where unfair, deceptive or illegal activity… Read More »

The COVID-19 Effect: Grappling with Aggressive Debt Collectors

close up man hand opening empty wallet over calculator , debt expense bills monthly and credit card at the table in home office , managing payroll,money risk financial concept

The COVID-19 pandemic has taken a financial toll on consumers and small businesses, but the debt collection industry keeps going. Federal, state, and local governments have temporarily paused collection of some debts owed to the government (e.g. student loans and federally-backed mortgages), but private collectors continue to collect credit card debt, medical bills, and more…. Read More »

Scam Debt Collectors Are Busy During Shutdown

The Murphy Law Firm has seen a significant spike in scam debt collectors calling consumers during the COVID-19 Shutdown.  These out-of-state unlicensed debt collectors make harassing calls to consumers and use false statements, deceptive practices and even threats in their attempts to extort money.  Recent enforcements actions include claims against: IKS & Associates, LLC, a… Read More »