Law Firms That Do Debt Collection Also Subject to New Rules

Posted on October 25, 2012. Filed under: Debt Collectors |

Lawyerist.com has a new post up about the CFPB’s new rules on debt collection and their applicability to attorneys:

“Today the Consumer Financial Protection Bureau issued its final rule on oversight of the debt collection industry [PDF], which includes debt collection lawyers. The rule takes effect on January 2, 2013, and according to the CFPB it provides authority for the oversight of “any firm that has more than $10 million in annual receipts from consumer debt collection activities.”

click here to read the full blog post

Make a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: