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Finance & Bankruptcy News

March 28, 2023

In this issue:



   Crumbled Bill   

U.S. Court of Appeals Issues Important Ruling on Time Limits to Sue Under Fair Debt Collection Practices Act

Finance & Bankruptcy Group

On March 1, 2023, the U.S. Sixth Circuit Court of Appeals issued a decision with important implications for parties involved in debt collections regulated under the Fair Debt Collection Practices Act (FDCPA). The decision, in Bouye v. Bruce, examined the FDCPA’s one-year statute of limitations for claims of improper debt collection practices, finding that the one-year period of limitations applied to each discrete violation of the FDCPA claimed by the plaintiff...

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   Depressed Man Behind Stack of Folders   

Corporate Transparency Act: What You Need to Know by 2024

Robert A. Hamor

With a stated goal of countering money laundering, the financing of terrorism and other illicit activities (including those of Russian oligarchs currently under U.S. sanctions), Congress passed the Corporate Transparency Act (CTA) in January 2021 as part of the National Defense Authorization Act.  In 2022, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) began to publish rules in its efforts to begin enforcement of the CTA likely beginning on January 1, 2024...

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   Year End Budgeting Plan   

What You Need to Know About Secure 2.0

Mindi M. JohnsonJulie L. Hamlet
and Amanda J. Dernovshek

On December 29, 2022, the sweeping retirement plan legislation commonly referred to as SECURE 2.0 (the “Act”) was enacted. It provided welcome relief and new opportunities for Plan Sponsors keen to promote their 401(k) and Profit Sharing Plans as valuable benefits to their employees. 

A summary of the Act’s key provisions is provided below. The provisions are organized according to their mandatory, permissive, or administrative nature in an effort to assist in focusing your attention on the provisions that are most likely to affect your plan...

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   Gavel on Keyboard   

Using Low-Cost DIY Legal Resources: Risks Far Outweigh Benefits

Nicholas M. Oertel

It is estimated that the DIY (do-it-yourself) legal services market in the U.S. generated more than $11 billion in revenue during 2021. Among the most well-known brands now operating in the DIY legal services segment are LegalZoom, LegalShield, etc.

All these companies offer DIY legal services, including thousands of blank court forms, contract templates and other documents, which can enable non-lawyers to undertake a vast range of legal and business activities.

Despite the powerful value proposition of a low-cost option for meeting the legal needs of a business or an individual, there are several very good reasons not to rely on low-cost DIY legal services...

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Drunk Driving & Criminal Defense: We Can Assist You

Drunk Driver Pulled OverPeople from all walks of life are accused of drunk driving and other criminal offenses every day. Often, this will be the first time that the accused has had any interaction with the criminal justice system, which can be frightening to say the least. Fortunately, Foster Swift trial attorney Alexander S. Rusek is available to assist you or your loved one through the often intimidating and complex process of defending against misdemeanor or felony criminal charges in Michigan and federal courts.

Having represented hundreds of clients charged with drunk driving offenses in Michigan such as Operating While Intoxicated (“OWI”), High BAC OWI (also known as “Super Drunk”), and other related charges, Rusek approaches each new case with the compassion and individual attention that it deserves. This kind of attentiveness is required when our clients are facing serious consequences, such as jail or prison sentences, fines, loss of driving privileges, immigration action, and other repercussions. Rusek takes pride in explaining the often-complex procedural and legal issues in a case and answering any questions that you may have on the matter.

However, successfully navigating a drunk driving case requires more than just knowledge of the law and courtroom acumen. While Rusek evaluates all legal and factual defenses in your drunk driving case, he also makes sure that you are participating in the right classes, such as alcohol education courses, and other opportunities, such as counseling and substance abuse treatment (inpatient and outpatient). He will work with you to present the best case possible to the prosecution and court.

Beyond drunk driving offenses, Rusek has also represented clients charged with homicide and other violent offenses including domestic violence, weapon offenses, narcotic offenses, white collar offenses, property damage offenses, and most other misdemeanor and felony offenses.

If you or a loved one are or may soon be facing drunk driving or other criminal charges, contact Foster Swift today to learn more about your options.

Alexander S. Rusek is a Senior Attorney with Foster Swift. Based in its Lansing office, Alex represents clients across the state accused of drunk driving and other criminal offenses. Contact him today by email at or by phone at (517) 371-8153.







Grand Rapids






St Joseph


Foster Swift Collins & Smith, PC E-Newsletters are intended for general information for our clients and friends. This newsletter highlights specific areas of law and is not legal advice. The reader should consult an attorney to determine how this information applies to any specific situation.

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