Financial Institution Judgment Third-party Debt Collectors 
Troutman Sanders
MARCH 21, 2023
On March 9, the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy held a hearing to discuss proposals that would alter the CFPB’s structure and authority. On March 9, the Financial Crimes Enforcement Network informed U.S. For more information, click here.
FDCPA Defense
SEPTEMBER 26, 2017
Unlike the Fair Debt Collection Practices Act, 15 U.S.C. §§ 1692, et. seq. , (“FDCPA”), which, generally speaking, only applies to third party debt collectors, the Rosenthal Act broadly defines a “debt collector” to include persons or entities that collect on behalf of themselves or others.
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