Fri.May 10, 2019

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CFPB Proposes Regulations to Clarify, Modernize, and Implement the Fair Debt Collection Practices Act

Consumer Finance Watch

Wayne Streibich , Diana M. Eng , Jonathan M. Robbin, Nicole R. Topper , Scott E. Wortman , and Paul Messina Jr. Financial institutions and debt collectors should take note of, and provide comments on, the CFPB’s recent Notice of Proposed Rulemaking, which attempts to provide consumers with “clear protections against harassment by debt collectors and straightforward options to address or dispute debts.” .