Lawrence A. Young, Esquire photoLawrence A. Young, Esquire

Practice Areas

  • Consumer Financial Services
  • Financial Services Regulatory
  • Financial Services Litigation
  • Bankruptcy
  • Debt Collection Practices

Mr. Young is a former partner at Hughes Watters Askanase in Houston.

He wrote several provisions of the Bankruptcy Code and of the Texas Finance Code in the auto finance and debt collection chapters. As in-house counsel with the Beneficial Corporation, he started cases that held: (1) the bankruptcy courts to be unconstitutional on Art. III grounds and (2) the Bankruptcy Code’s retroactive lien avoidance of certain personal property security interests to be unconstitutional under the Taking Clause of the Fifth Amendment. Both positions were sustained by the U.S. Supreme Court. He is the former Editor of the Consumer Finance Law QUARTERLY REPORT and has authored or co-authored many articles, a book, two plays, and a screenplay on a variety of legal subjects in the consumer finance, commercial finance and bankruptcy fields. He is a graduate of the University of Michigan Law School and a former Marine officer.

Professional Affiliations

  • Fellow, American Bar Foundation
  • Fellow, American College of Commercial Finance Lawyers
  • Chair Ex-Officio, Governing Committee of the Conference on Consumer Finance Law
  • Former Chair, ABA Consumer Bankruptcy Committee, Debt Collection and Bankruptcy Subcommittee, ABA Consumer Financial Services Committee
  • Former Chair, ABA Interest and Usury Subcommittee, Commercial Finance Committee
  • Texas Association of Bank Counsel
  • Texas Mortgage Bankers Association

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