E. Gottlieb and Jeffrey E. Jamison
On October 24, 2012, the Consumer Financial Protection Bureau (CFPB) announced that, beginning January 2, 2013, certain debt collection
agencies and debt collection firms will come under federal supervision for the
first time. In the announcement, the...
In considering new rulemaking for the debt collection industry, the CFPB has decided to turn directly to consumers for input. As set forth in the notice issued March 6, 2014, the CFPB plans to send out a survey in order to learn more about consumers' interactions with debt collection agencies.