CFPB Finds Civil Judgements Are Not Evenly Distributed
Troutman Sanders
APRIL 27, 2023
Noting a rise in credit card delinquencies, the Consumer Financial Protection Bureau (CFPB or Bureau) released a new blog post analyzing civil judgments, the final recourse for creditors to collect on unsecured debt. In contrast, people who have a civil judgment filed against them are much less likely to have a mortgage or auto loan.
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