Supreme Court of Arkansas

Patty E. Simpson, Petitioner v. Calvary Spv I, LLC, as Assignee of Hsbc Bank Nevada, N.a./orchard Bank, Respondent

January 23, 20142014 Ark. LEXIS 50

Summary

The Arkansas Supreme Court accepted the federal district court's certification of two questions concerning whether a purchaser of delinquent accounts that retains Arkansas counsel to collect and litigate must be treated as a collection agency and obtain a state license. The court established briefing and case-processing requirements but did not answer the certified questions.