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Jackson White Bankruptcy Law Blog

Those of us facing hassling debt collectors may look forward to new rules governing these agencies. The Consumer Financial Protection Bureau is beginning to write the first regulations under federal law governing the industry and probing for violations. The 2010 Dodd-Frank Act created the Consumer Financial Protection Bureau. Richard Cordray, the CFPB’s director recently said, “We will be looking to write some new rules as well as continue to pursue a lot of enforcement work we’ve been doing.” He also went on to say the debt collection business has become part of the lives of the roughly 1 in 10… Read more: Arizona Bankruptcy Attorney

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