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Can The CFPB Make Debt Collectors Reveal Their Attorney-Client Privileged Documents?

FDCPA Defense

CFPB-2012-0005 [link] The CFPB wants a “larger participant” to be any consumer debt collector who has more than $10 million in “annual receipts.” The Bureau estimates that this will bring approximately 175 entities, or the largest 4 percent of consumer collection firms, within the definition.