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Home / Expert Opinion / Civil Litigation / Civil Litigation: New proposed rules for the Fair Debt Collection Practices Act could mean big changes for debt collectors and consumers

Civil Litigation: New proposed rules for the Fair Debt Collection Practices Act could mean big changes for debt collectors and consumers

Last week the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking to implement the Fair Debt Collection Practices Act (FDCPA). These proposed changes could have a dramatic effect on attorneys representing consumers and debt collectors. The FDCPA governs debt collectors’ conduct and communication with consumers. Attorneys attempting to collect a debt incurred ...