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Nicole Munro

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Articlesby Nicole MunroMarch 16, 2016

Here Come the Readability Police

The Texas Plain Language Law will mandate that auto finance contracts be written at an 11th-grade reading level by 2017.

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Articlesby Nicole MunroAugust 28, 2012

UCCC Extraterritoriality - But it’s a Minnesota Contract!

If a finance company buys retail installment contracts from auto dealers in its home state, what happens when a consumer named in one of those contracts moves to a state with different laws from the company’s home state? Attorney Nikki Munro discusses a recent case that poses that very question.

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Articlesby Nicole MunroAugust 7, 2012

My Compliance Lawyer is Crazy

Attorney Nicole Munro explains why dealers must be prepared if the Consumer Financial Protection Bureau comes knocking on their door and looks at some the the CFPB's recent enforcement actions.

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Articlesby Nicole MunroJune 18, 2012

New GAP Waiver Rules in Ohio

For many years, Ohio law has left many wondering whether the cost of GAP products can be financed. Attorneys Nicole Munro and Glenn Knirsch discuss the recent passage of a bill in Ohio that at last addresses the uncertainty surrounding the sale of these products.

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Articlesby Nicole MunroApril 24, 2012

Arbitration Remains in the Spotlight – Even Outside of the Ninth Circuit

The Consumer Financial Protection Bureau recently began a public inquiry into how consumers and financial services companies are affected by arbitration and arbitration clauses. Attorneys Nicole Munro and Latif Zaman of Hudson Cook look at how some state courts are finding ways to invalidate arbitration provisions.

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Articlesby Nicole MunroFebruary 29, 2012

Motor Vehicle Leases and the Military

Attorneys Nicole Munro and Peter Cockrell of Hudson Cook discuss the Servicemembers Civil Relief Act (SCRA) as it pertains to leasing vehicles to military servicemembers or dependents of military servicemembers.

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Articlesby Nicole MunroJanuary 31, 2012

CFPB in Production, Directed by Richard Cordray

With leadership in place, over 700 employees and bulletproof funding, the Consumer Financial Protection Bureau is moving full speed ahead. Attorney Nicole Munro discusses the CFPB's potential reach and how it could impact dealers.

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Articlesby Nicole MunroNovember 27, 2011

Making a List and Checking it Twice

Santa isn’t the only one making a list and checking it twice this time of year. The CFPB and the FTC are making lists that will be used to determine who is naughty and who is nice. Attorney Nicole Munro poses some questions dealers should consider to put together their own compliance checklists.

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Articlesby Nicole MunroOctober 25, 2011

Disclosures in Auto Finance - Lesson 2: Application Disclosures

Attorney Nicole Munro discusses disclosures required by the Equal Credit Opportunity Act and its implementing Regulation B, along with the Fair Credit Reporting Act, when a consumer applies for secured credit.

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Articlesby Nicole MunroSeptember 29, 2011

Disclosures in Auto Finance - Lesson 1: Advertising Disclosures

Attorney Nicole Munro explains advertising disclosures required by the Truth-in-Lending Act (TILA) and Regulation Z.

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