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The ABA Joins the National Creditors Bar Association in Advancing Its Regulatory and Legislative Agenda

by Mark Dobosz

NARCA Executive Director

At right: (l to r) ABA President Linda A. Klein; Acting Director of the FTC's Bureau of Consumer Protection Tom Pahl; and NARCA President-elect Yale Levy.

Last week a delegation of leaders from the National Creditors Bar Association and the American Bar Association were in Washington, D.C. to speak with Congressional leaders about H.R. 1849 and other issues facing creditors rights attorneys.  Linda Klein, ABA President and Larson Frisby, ABA’s Associate Director, Governmental Affairs Office joined National Creditors Bar Association President-elect Yale Levy, Government and Regulatory Affairs Co-Chairs Brent Yarborough and Chip Stacy, Executive Director Mark Dobosz and RR&G lobbyists Geof Gradler and Jonathan Paret.

Above: (l to r) Brent Yarborough, Tom Pahl, Yale Levy, and Chip Stacy.

As Linda Klein wrote in her recent column in ABA's The Insider:

“In response to concerns raised by ABA members and leaders of the ABA Litigation and Business Law sections and the GPSolo and Senior Lawyers divisions, the ABA is working with the National Creditors Bar Association to enact legislation that would amend the Fair Debt Collection Practices Act and the Dodd-Frank Act to prevent the Consumer Financial Protection Bureau and the Federal Trade Commission from regulating creditor lawyers engaged in litigation activities. H.R. 1849, the Practice of Law Technical Clarification Act of 2017, would clarify that the collection practices act does not apply to creditor lawyers engaged in litigation activities and would also expand the existing practice of law exemption in the Dodd-Frank Act to cover both consumer and creditor lawyers. Our support for H.R. 1849 is consistent with the ABA’s many other successful efforts to protect the independence of the legal profession.”

We urge all members of the National Creditors Bar Association to continue their support of the ABA in any way possible. If you aren’t a member (especially in the Business Law Section where many National Creditors Bar Association members are ) – consider joining through the special membership offering the ABA has offered members of the National Creditors Bar Association. 

The American Bar Association and the Business Law Section is the perfect complement to your NARCA membership. And, we'd like to prove it to you.

The ABA and the Business Law Section are offering NARCA members a FREE 6-month trial membership opportunity. Join now to see how the ABA Business Law Section's network of professionals and collection of resources will advance your career and bring you closer to your goals.

From CLE and publications to a connection to lawyers around the world, ABA Business Law Section membership has content for you. By joining now, you'll be able to:

  • Earn additional CLEs, for free. The Business Law Section has two free CLE webinars each month. Recent topics include:
    • FinTech - Introduction and Overview
    • History and Development of Federal and State Consumer Financial Services Laws Regulations
    • Conflicts and Conduct in Major Corporate Transactions and Litigation
  • Network with national colleagues. The Section has over 50 free practice-specific committees that publish newsletters, webinars, articles and more. From Business and Corporate Litigation to Consumer Financial Services, there's a committee for you.
  • Access top tier publications. Membership includes a free subscription to The Business Lawyer, the second-most cited business law journal in the U.S. and Business Law Today, a digital publication on issues most critical to business lawyers.

Join today and gain access to the camaraderie and expertise that the world's largest community of lawyers provides.

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