The Debt Collection Pandemic (Chris Odinet Dalié Jiménez find me @dalie.bsky.social; ssrn.com/abstract=35986…) is coming: Evictions are likely to skyrocket this summer as jobs remain scarce. Black renters will be hard hit. washingtonpost.com/business/2020/…

Great nuanced reporting by gretchen morgenson on Wells Fargo's putting borrowers in bankruptcy into forbearance without their consent or knowledge and the harm that can cause. Wells Fargo paused mortgage payments for some customers without asking nbcnews.com/business/perso… via NBC News

FL's obscene poll tax disenfranchises ppl who owe the state $$$ - and Sup.Ct. won't stop it. This is wrong and it's racist as hell. WE can help fix it if SCOTUS won't! Donate to the Fees & Fines fund and give a Floridian their right to vote back. wegotthevote.org/finesandfees/

"[CARES Act] benefits are set to expire this month...if no more aid is forthcoming after July...a far more dire portrait of the financial pain of millions of Americans is set to emerge in the coming months": nytimes.com/2020/07/17/bus…

Business history and race: a partial, open bibliography (join via zotero currently 154 refs) use this list in your research and teaching and contribute to this growing collection exchange-bhc.blogspot.com/2020/07/new-re… #bizhis #econhist reply to contribute a ref

4th Circuit reaffirms that payday lending contracts are unenforceable as against public policy to the extent that they require borrowers to agree to tribal choice-of-law clause and thereby to waive rights to assert federal law claims -- e.g., RICO ca4.uscourts.gov/opinions/19143…

Professional opportunity: H-Business is looking for a new editor! Digital - you can be anywhere - DEADLINE AUG 10th exchange-bhc.blogspot.com/2020/07/deadli… #econhist #bizhis

I have a secured transactions joke, but sharing it is low priority

Important NBER study today: Contrary to earlier research, homeowners almost never "strategically default" on their mortgages because they're underwater -- 97% of the time it's because of an adverse life event, like a job loss or unexpected expense. nber.org/papers/w27585.…

“While the company has filed suits related to fewer than 6% of its loans in recent years, Vazquez acknowledged it had still become the largest filer of debt claims in both California and Texas.” texastribune.org/2020/07/28/tex…

The open bibliography on business history and race continues to grow - have something to add? simply reply exchange-bhc.blogspot.com/2020/07/update…

Some brief thoughts on the Florida poll tax case (i.e., Florida's efforts to block ex-felons from registering b/c they haven't paid all their court costs, fees, etc.). I'll argue there is an historical reason to treat these fees as "taxes" under the 24th Amendment. /1

Apply by this Monday, August 10 to be the next editor of H-Business:

Read law prof Neil Sobol's "Survey of Law Schools Offering Consumer Law Courses." Jeff Sovern Anne Fleming NCLC Consumer Federation of America pubcit.typepad.com/clpblog/2020/0…

This is outrageous. Traffic courts quietly re-opened in NYC — and they're failing to protect defendants' health, or due process rights. NYC is budgeting for a $42 million *increase* in fine & fee revenue this year. It's time to end policing-for-profit. ny1.com/nyc/all-boroug…