The CFPB Publishes the Remainder of its Final Debt Collection Rule – Here’s What You Need to Know
Consumer Financial Services Law
JANUARY 22, 2021
While the bulk of Part 2 addresses the parties’ obligations under Section 1692g of the FDCPA, the remainder of Part 2 ties up other loose ends, including time-barred debt, credit reporting, and communications where the consumer is deceased. The entire Rule (both Parts 1 and 2) takes effect November 30, 2021. Section 1006.34
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