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- Title
Developments in the Regulation of Debt Buying.
- Authors
Adams, R. Scott; Jacobs, Bruce M.
- Abstract
The article offers information on the enforcement actions taken by the U.S. Consumer Financial Protection Bureau (CFPB) against the debt buyers under the Fair Debt Collection Practices Act and the Consumer Financial Protection Act. Topics discussed include the actions taken against the Encore Capital Group Inc., a debt buyer; a consent order issued against Portfolio Recovery Associates LLC; and a proposal from CFPB to better regulate the debt collection process.
- Subjects
UNITED States; UNITED States. Consumer Financial Protection Bureau; UNITED States. Fair Debt Collection Practices Act; ENCORE Capital Group Inc.; PORTFOLIO Recovery Associates LLC; CONSENT decrees; COLLECTION laws
- Publication
Business Lawyer, 2017, Vol 72, Issue 2, p495
- ISSN
0007-6899
- Publication type
Article