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Webinar: The Industry Awaits - Anticipating the CFPB's Debt Collection Rules

Looking Ahead - An Upcoming NCBA Educational Offering; Date and Time to Be Announced.

Sponsored by

NCBA is pleased to present a virtual educational session presented by the highly regarded DC law firm Wiley, planned for immediately after the release of final debt collection rule. This webinar is a complimentary NCBA member benefit.

Since the Consumer Financial Protection Bureau’s (CFPB) release of the proposed debt collection rule in May 2019, the industry has been patiently awaiting the publication of the final version of the rule. Pursuant to the CFPB’s Spring 2020 Rule Making Agenda, final action on that proposal is anticipated in October 2020. 

The CFPB’s proposed rule, among other things, addresses communications in connection with debt collection; and interprets and applies prohibitions on harassment or abuse, false or misleading representations, and unfair practices in debt collection. One particular proposal that directly impacts the members of National Creditors Bar Association (NCBA) is the proposed “safe harbor” provision regarding “meaningful attorney involvement” in debt collection litigation submissions. 

NCBA is proud to announce that shortly after the release of the final rule, Wiley attorneys will be presenting a critical review of what the rule means for the industry and those practicing debt collection litigation.  

More information and how to register for this free high level educational offering will be announced upon release of the CFPB’s final debt collection rule.

 

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