The Bureau of Consumer Financial Protection (Bureau) has extended the comment period on this proposal (previously set for Aug. 19). The bureau proposes to amend Regulation F, 12 CFR part 1006, which implements the Fair […]
In an unusual proposal, five debt collectors will settle a complaint with the federal consumer financial protection bureau by agreeing to be banned from the industry and pay fines and redress of $60 million. But […]
More than one-in-four consumers with a credit report have at least one debt in collection by the nation’s 9,330 third-party debt collectors and buyers, according to a report issued this week by the federal consumer […]
Title: Debt Collection Practices (Regulation F); delay of effective date Subject: Debt collection Agency: CFPB Status: Proposed rule Summary: The Bureau of Consumer Financial Protection (Bureau) is issuing this final rule to revise Regulation F, […]
Attorneys at a law firm were not “meaningfully involved” in preparing or filing lawsuits over debt collection despite the law firm’s alleged representation that they were – and that was enough to trigger a lawsuit […]
The Consumer Financial Protection Bureau’s (CFPB) proposal that, among other things, would allow debt collectors to attempt to contact consumers up to seven times a week by phone over a specific debt will be out […]
Debt collectors would be allowed up to seven telephone-contact attempts a week with consumers about a specific debt under a proposal issued by the federal consumer financial protection agency Tuesday. In a release, the Consumer […]
A notice of proposed rulemaking related to debt collection is planned for issuance in the spring of this year, the director of the Consumer Financial Protection Bureau (CFPB) stated in her message for the agency’s […]
New surveys on consumers’ experiences with debt collection disclosures and on household financial shocks are proposed in notices published recently by the Consumer Financial Protection Bureau (CFPB). The bureau is seeking Office of Management and […]
At least five proposed rules and three final regulations will be issued by the federal consumer financial protection agency in the coming months, according to a report posted publicly late last week. According to the […]
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