Nagle & Zaller, P.C. v. Delegall

Summary

The court answered a certified question from federal court and held that a law firm conducting debt-collection activities for a client, including preparing promissory notes with confessed-judgment clauses and filing confessed-judgment complaints, is not subject to the Maryland Consumer Loan Law. The statute regulates persons engaged in the consumer-lending business, and the firm's legal and collection services did not make it a lender within that statutory framework.