Tag Archives: Proposed Debt Collection Rule

As the deadline to submit comments about the Consumer Financial Protection Bureau’s proposed debt collection rule inches closer, a new crop of comments have been published that oppose the provisions proposed by the CFPB, more than likely stemming from the efforts of a consumer advocacy group. More than 450 identical …

A law professor who specializes in consumer protection issues has raised some concerns about whether the Consumer Financial Protection Bureau’s proposed debt collection rule provides a notification of the right for a consumer to receive verification of a debt when using the proposed rule’s model validation notice. Jeff Sovern, a …

A former director of the Federal Trade Commission’s Bureau of Consumer Protection, who is now a law professor and a board member of the National Consumer Law Center, has come out and blasted the Consumer Financial Protection Bureau’s proposed debt collection rule, accusing the bureau of violating “email 101” and …

A handful of consumer advocacy groups and unions filed their comments criticizing the Consumer Financial Protection Bureau’s proposed debt collection rule yesterday, and one hand-written note from a consumer illustrated how advocacy groups are raising awareness to get consumers to file comments opposing the proposed rule. The Service Employees International …

A number of pro-industry comments supporting the Consumer Financial Protection Bureau’s proposed debt collection rule were published yesterday, including one from a conservative think tank. The Competitive Enterprise Institute supported much of what the CFPB did in the proposed rule, even going as far as to urge the agency to …

Monday, Aug. 19 was due to be the original deadline for comments related to the Consumer Financial Protection Bureau’s proposed rule, before the deadline was extended by 30 days to Sept. 18. But at least a small handful of organizations appear to not need any additional time and filed their …

A fairly popular mainstream media blog is urging consumers to file comments over the Consumer Financial Protection Bureau’s proposed debt collection rule, specifically recommending that the comments indicate that consumers don’t want to receive text messages from debt collectors. And, coincidentally enough, a number of new comments were published yesterday …

More than 3,000 comments opposing the proposed debt collection rule were published yesterday, filed by consumers who voiced their concerns and dislike for the Consumer Financial Protection Bureau’s proposal, while not necessarily getting into specifics and containing some rhetoric that even the director of the CFPB has sought to quash. …

Full credit goes to the folks at Encore Capital, which continues to flood the Consumer Financial Protection Bureau with comments supporting the agency’s proposed debt collection rule. Hundreds of more comments were submitted last week by employees at the company, many of which all took the same form and used …

A new series of comments have been filed about the Consumer Financial Protection Bureau’s proposed debt collection rule from individuals in the credit and collection industry, this time focusing on the proposed model validation notice. The comments all appear to be originating from the same source, possibly the same company …