Update on the CFPB's Proposed Debt Collection Rule - a podcast by Ballard Spahr LLP

We look at industry and consumer comments and perspectives on key issues, including the proposal's potential implications for creditors collecting their own debts through UDAAP/UDAP and state collection laws, its approach to e-communications and "meaningful attorney involvement," and whether a final rule should address information transfers and file reviews or collecting time-barred debt. We also share predictions for what a final rule will contain and suggestions to reduce risk in first-party collections.

Further episodes of Consumer Finance Monitor

Further podcasts by Ballard Spahr LLP

Website of Ballard Spahr LLP