323 East Wacker Drive
Chicago, IL 60601
Tuesday, October 22, 2013
THE EVOLVING DEBT COLLECTION STATE AND FEDERAL LEGAL AND REGULATORY LANDSCAPE: EMERGING CHANGE
The collections industry is actively adapting to Dodd-Frank and the evolving regulatory landscape in its wake. The CFPB is able to supervise, examine, and investigate all credit issuers, debt buyers, and collectors. Also, the CFPB is considering new rules governing the collection of debts under the FDCPA or other CFPB authorities. At the same time, the FTC continues to engage in a number of enforcement, education, outreach and policy initiatives. On top of this all, on the state level the rules of the road continue to change and state AGs and regulators are bringing their own investigations. This interactive session will cover the hot-button issues that the FTC, CFPB, and states focusing on, identify common themes, and what they mean for future collection efforts, including best practices for minimizing legal and compliance risk and avoiding regulatory scrutiny, and the potential for new regulation and opportunities.