Barron & Newburger to Sponsor Annual Scholarship

Barron & Newburger, P.C. will sponsor an annual Scholarship, pledging $50,000 over five years to the National Creditors Bar Association (NCBA) Foundation. Funds will support a $10,000 per year college scholarship. Application forms can be found at creditorsbar.org/scholarship. Established in 2022, the NCBA Foundation was created to guide and complement the charitable initiatives of the National Creditors…

Read More

Barron & Newburger Attorneys Secure Win at the Third Circuit, Confirming PA State Lending License Law Does Not Apply to Charged-Off Debt

On February 7, 2024, the Third Circuit Court of Appeals affirmed a district court holding that the Pennsylvania Consumer Discount Company Act (“CDCA”) did not apply to a charged-off debt that was later sold and could not form the basis for a lawsuit brought under the federal Fair Debt Collection Practices Act. Plaintiff brought the…

Read More

Corporate Transparency Act Alert

Legal Alert: New Reporting Rule New year, new you? No! New year, new regulations! Beginning January 1, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) Corporate Transparency Act (CTA) requires that certain entities report their Beneficial Owners’ Information (“BOI”) to FinCEN. In addition, reporting entities must also disclose information about those…

Read More