Debt Validation Notices, Collection of Time-barred Debts, and Credit Reporting Restrictions – CFPB Debt Collection Rule Working Session 6

As promised, the CFPB released the second part of its FDCPA rulemaking covering debt validation notices, collection of time-barred debts, and certain credit reporting restrictions. As with the first rulemaking, these changes could require significant changes to a company’s policies and procedures as well as significant technology upgrades. Whether you are a third-party debt collector whose entire business will be subject to the rule, a loan servicer who is only considered a debt collector for certain loans, or a first party creditor interested in establishing best practices based off of the CFPB’s guidance, join us to learn more about how these additional restrictions and obligations will impact your business. If you can’t join us on Thursday, please go ahead and register in order to receive a copy of the presentation materials.