Appeals Court Decision Potentially Up-Ends Debt Collection Practices
By EsqSocial Corporation 29/04/21
The Eleventh Circuit released an Opinion on April 21, 2021, related to the Fair Debt Collection Practices Act (FDCPA), which is a must-read for all in the business of servicing loans or collecting debts. The Eleventh Circuit explains that “[i]t’s not lost on us that our interpretation of [the FDCPA] runs the risk of upsetting the status quo in the debt-collection industry. . . . Our reading of [the FDCPA] may well require debt collectors (at least in the short term) to in-source many of the...
By: McGlinchey Stafford