I Stay Away From Politics, But This Guy has A Point

I don’t like to write about political things, but this guy makes a good point in this article: Why Much is At Stake in The CFPB Court Case Evidently like some other agencies, the CFPB’s director is removable only for cause, like “inefficiency, neglect of duty, or malfeasance.” Further, the CFPB is not funded by … More I Stay Away From Politics, But This Guy has A Point

An Electronic “Mailbox Rule” in The CFPB Proposed Debt Collection Regulations And The Effect of the Lavallee Case

In a blog post last year, I talked about Beth Lavallee v. Med-1 where a debt collector’s attempt to send an FDCPA validation notice by email was struck down by the court. Among other things, the court ruled that using email to send a validation notice did not constitute ‘sending’ it within the meaning of … More An Electronic “Mailbox Rule” in The CFPB Proposed Debt Collection Regulations And The Effect of the Lavallee Case

Comparing The CFPB’s Proposed Call Restrictions With Massachusetts’

In its May 7, 2019 Notice Of Proposed Rulemaking (NPRM) proposing debt collection regulations, the CFPB has proposed restrictions on the number of contacts a debt collector may make with a consumer during a given time period. This is a contentious issue between debt collectors and consumer groups. Debt collectors claim they have to make … More Comparing The CFPB’s Proposed Call Restrictions With Massachusetts’

Consumer Protection and Financial Inclusion – Brian Johnson of the CFPB

On June 12, 2019 Brian Johnson, Deputy Director of the CFPB gave a speech with the title above. It is short and worth a read.  It’s an interesting attempt to say that giving consumers choice and reducing certain kinds of government regulation that limits choices is the best form of consumer protection. Johnson states clearly … More Consumer Protection and Financial Inclusion – Brian Johnson of the CFPB

Review of the Proposed FDCPA Validation Notice Regulations

On May 7, 2019 the Consumer Financial Protection Bureau (CFPB) released its Notice Of Proposed Rulemaking (NPRM) proposing debt collection regulations. I previously blogged about the need for such regulations. Today I want to take a look at the NPRM proposed rules for the validation notice. The Federal Fair Debt Collection Practices Act (FDCPA) 15 … More Review of the Proposed FDCPA Validation Notice Regulations