J. Riley Key

Bradley Arant Boult Cummings LLP

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CFPB’s Upcoming Debt Collection Proposed Rule: What to Expect on Timing

The Consumer Financial Protection Bureau (CFPB) previously indicated in its Fall 2018 Rulemaking Agenda that it intends to issue a Notice of Proposed Rulemaking (NPRM) in the Spring of 2019 regarding debt-collection practices...more

3/19/2019 / Debt Collection , ECOA , FDCPA , NPRM , Payday Lending Rule , Prepaid Payment Products , Proposed Rules , Regulatory Agenda , Rulemaking Process , TILA-RESPA Integrated Disclosure Rule (TRID)

BCFP Revitalizes Efforts to Enact FDCPA Regulation

On October 17, 2018, the Bureau of Consumer Financial Protection (BCFP), formerly known as the CFPB, announced that it plans to issue a Notice of Proposed Rulemaking (NPRM) for the Fair Debt Collection Practices Act (FDCPA)...more

10/19/2018 / Consumer Financial Protection Bureau (CFPB) , Debt Collection , Disclosure Requirements , Dodd-Frank , NPRM , Regulatory Agenda , Rulemaking Process , Statutory Interpretation

CFPB’s Debt Collection Rules May Be Coming Sooner Than Some in the Industry Anticipated

Last week, at the Consumer Advisory Board Meeting in Washington D.C., Consumer Financial Protection Bureau (CFPB) Director Richard Cordray provided an update on one of the most highly anticipated areas in the debt collection...more

6/12/2017 / Banking Sector , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Debt Collection , Financial Services Industry , Rulemaking Process , Third-Party Service Provider

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