The CFPB's debt collection rulemaking effort is likely to have far-reaching effects on nearly every aspect of this critical part of the consumer finance economy, including collection efforts by creditors themselves and by debt collection agencies, law firms, and debt buyers. In this webinar, we will survey the significant comments submitted in response to the CFPB's Advance Notice of Proposed Rulemaking, providing point-counterpoint commentary to highlight the views submitted by both consumer and industry groups. 

We will also make our own predictions about where we believe the CFPB may come out on key issues relating to the rulemaking effort. We will cover potential rulemaking in the following areas:  

  • Validation of debts (by both debt collectors and creditors)
  • Mini-Miranda (new options and applicability to new forms of communication such as text messages and e-mails)
  • Call frequency
  • How messages are left for consumers
  • Restrictions on debt collection litigation
  • The CFPB's planned consumer survey regarding debt collection

The CFPB's rulemaking in this area will likely have significant implications for creditors, debt collectors, and debt buyers. Please join us for this webinar to explore these implications.

program

12:00 PM - 1:00 PM ET | Webinar

moderator

Alan S. Kaplinsky, Practice Leader, Consumer Financial Services Group

presenters

John L. Culhane, Jr.
Consumer Financial Services Group

Christopher J. Willis
Consumer Financial Services Group

Joann Needleman, Vice President
Maurice & Needleman, P.C.

This program is open to Ballard Spahr clients and members of the financial services industry. There is no cost to attend. This program is not eligible for continuing education credits.

Please register at least two days before the webinar. Login details will be sent to all registrants. For more information, contact Lisa M. Prickril at prickrill@ballardspahr.com.

Related Practices

Consumer Financial Services
Mortgage Banking