Description
Discover the impacts of the proposed debt collection rules.On May 8, 2019, the CFPB released its longawaited proposed debt collection rules. Many policies and procedures of the debt collection industry will be impacted. This topic will take a deep dive into the proposed rule and its impact on the debt collection industry and will provide attendees with an indepth understanding of the proposed rule, enabling participants to prepare for upcoming changes to the debt collection industry and assess their current policies and procedures. The topic is ideal for compliance and risk officers, attorneys, and others involved in the accounts receivable industry.
Date: 2019-08-28 Start Time: End Time:
Learning Objectives
History of the CFPB and the FDCPA
• CFPB Bulletins
• CFPB SBREFA
• CFPB NPRM
The NPRM
• Definitions/Communications
• Definitions
• Acquisition of Location Information
• Validation Notice and Disputes
• Notice for Validation of Debts
• Disputes
• Providing Required Disclosures
• Model Form
• Prohibited Behavior
• Time Barred Debt
• Meaningful Involvement
• False, Deceptive or Misleading Representations or Means
• Harassing, Oppressive or Abusive Means
• Unfair or Unconscionable Means
• Other Prohibited Practices
• Record Retention Requirements
What’s Next
• Next Steps in the Rulemaking Process
• Compliance Concerns
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Caren D. Enloe-Smith Debnam Narron Drake Saintsing & Myers, LLP
