Law Office of Jennifer McCoy

The Impact of the CFPB’s Supplemental Proposed Rulemaking for Time-Barred Debt Disclosures is Greater Than What Appears

The Office of Jennifer McCoy Law • Mar 02, 2020

Last Friday, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supplemental Notice of Proposed Rulemaking (SNPR) for time-barred debt disclosures. The CFPB seeks to amend Regulation F, specifically §§ 1006.26 and 1006.34, which implements the Fair Debt Collection Practices Act (FDCPA) and requires debt collectors to make certain disclosures when collecting on time-barred debts. The CFPB published its Notice of Proposed Rulemaking (NPR) for Debt Collection on May 21, 2019, and that comment period has closed. The comment period for the SNPR is sixty days from publication in the federal registrar. As of the date of this alert, the SNPR has not been published . . . [ Click Here To Continue ]

By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
By The Office of Jennifer McCoy Law 02 Mar, 2020
More Posts
Share by: