News Topic: Debt Collection
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Arizona voters approve new limits on consumer debt collection
New Book Alert: Delinquent
North Carolina case has big implications for debt buyers
Celsius paydowns take crypto lender into ‘uncharted territory’
White House plans to blunt medical debts for veterans and home borrowers
PNC, KeyCorp upgrade collections tech as CFPB deadline nears
Looming tenant crisis another test of CFPB’s authority
Industry scrambles to prepare for CFPB debt collection rules
Senate closes in on vote to confirm Chopra as CFPB director
CFPB shelves plan to extend debt collection compliance deadline
Debt-relief firm agrees to pay $5.4M in restitution to consumers: CFPB
House bill aims to protect consumers from debt collector harassment
Court decision muddies debt collector communications
CFPB rule gives renters right to sue debt collectors over evictions
CFPB moves to delay implementation of debt collection rules
Human Rights Watch on Imprisonment for Debt
What happens in countries where no consumer bankruptcy regime exists as a safety valve to assuage the worst consequences of unpayable debt? A report this week from Human Rights Watch ( "We Lost Everything": Debt Imprisonment in Jordan ) offers ... Read full article
CFPB considers halting implementation of QM, debt collection rules
Acting Director Dave Uejio wrote in a blog post that the Consumer Financial Protection Bureau needs more time to consider rules that were finalized under the Trump administration but have not yet gone into effect. ... Read full article
California's DFPI issues subpoenas to debt collectors
The state agency alleged potential violations of “unlawful, unfair, deceptive or abusive” practices by a dozen companies. ... Read full article
Saga over regulating debt collectors will continue in 2021
The CFPB issued two rulemakings in 2020 that the financial services industry and consumer advocates hoped would finally clarify key issues over how collectors contact debtors and deal with legacy debts. But both sides want the incoming Biden administration ... Read full article