Consent Order Compliance: Navigating The CFPB’s Unofficial “Rules” Governing Debt Collection
FDCPA Defense
MAY 21, 2016
The CFPB has entered into consent orders with major creditors, debt buyers and law firms during the past year relating to key areas of their collection practices. The consent orders impose significant new requirements relating to data integrity, dispute handling, debt substantiation, debt sales, affidavit practices, and litigation practices.
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