CFPB Proposes Delay to Implementation of Its Debt Collection Rules
By EsqSocial Corporation 09/04/21
Yesterday, the CFPB issued a proposed rule that would extend implementation of both parts of its debt collection rule by 60 days — from November 30, 2021, to January 29, 2022. The debt collection rule, which we have discussed here in detail, addresses numerous topics related to debt collection, including debt collection call volume, restrictions on certain communication mediums under certain circumstances, a prohibition on bringing or threatening to bring legal action to collect time-barred...
By: Bradley Arant Boult Cummings LLP