What You Need To Know, Now
On May 7, the CFPB issued a notice of proposed rulemaking to implement the Fair Debt Collection Practices Act (FDCPA). The CFPB’s rules will be the first set of comprehensive regulations implementing the FDCPA since it was enacted in 1977. The proposed rules attempt to bring debt collection practices into the digital age, but several issues remain undefined:
Join Obrea Poindexter, Kathleen “Kitty” Ryan, and Calvin Funk for an in-depth look at the key provisions in the proposed rules.