Tag Archives: John Bedard

One of the most common questions that has been asked about collectors using the Model Validation Notice put forth by the Consumer Financial Protection Bureau in Regulation F is, “Can we make any changes to it?” Collectors have asked about adding additional pieces of information, disclosures, or making other changes …

With every rule, there is always an exception and the Consumer Financial Protection Bureau’s debt collection rule, known officially as Regulation F, is no different. When it comes to everything that John Bedard of Bedard Law Group has been talking about recently in episodes of “You Wanted a Rule, You …

Debt collectors have long provided consumers with tear-off notices when sending collection letters. The tear-off notice allows consumers to indicate the type of payment being made and provides an easy-to-use mechanism for sending in payments on debts. If collectors opt to use the Consumer Financial Protection Bureau’s Model Validation Notice …

The model validation notice represents a complete top-down overhaul of the validation notice that debt collectors have been sending since the Fair Debt Collection Practices Act was enacted back when disco was king. Among two of the major changes to the information that collectors will now be required to include …

For anyone who has read Regulation F (and we know who you are), Section 1006.34 may have taken some time to get through. For those of you who haven’t read it, Section 34 as we’ll call it deals with one letter — the validation notice, and only the validation notice. …

Anyone who had the good fortune of crossing paths with Robbie Malone has a great story to share. Larger than life in many ways, Robbie epitomized everything that is good about her home state of Texas. The accounts receivable management industry is a less-colorful place today because of her passing. …

As discussed last week, there are four pieces of information that make up what the Consumer Financial Protection Bureau refers to as “validation information” in Regulation F. They are: debt collection communication disclosures, information about the debt, information about consumer protections, and information about how the consumer can respond to …

Once Regulation F — the Consumer Financial Protection Bureau’s Debt Collection Rule — goes into effect, collectors are going to have to make substantial changes to the validation notices they are sending out to consumers. Whether collectors choose to use the rule’s Model Validation Notice or continue using their own …

If there is one particular component of Regulation F — the Debt Collection Rule from the Consumer Financial Protection Bureau — that has tripped up and confused more people in the months since the rule was released, it is the itemization date that will need to be included in the …

The number of class-action lawsuits accusing debt collectors of violating the Fair Debt Collection Practices Act by communicating with a third party — a letter vendor — about the existence of a debt when it sent the plaintiff’s personal information to the vendor to be included in and mailed out …