What to Expect: Day 1 of Regulation F

Published on November 30, 2021 at 4:00 pm

Erin Kerr

Content Director, Collections & Recovery at Auriemma Roundtables

Editor's Note: In 2020, the Consumer Relations Consortium (CRC) launched its inaugural Legal Advisory Board (LAB), an exclusive membership group of outside counsel with expertise in the accounts receivable industry who have each pledged their time and resources to support the mission of the CRC. Throughout the year, the LAB serves as a legal resource to the CRC and iA Innovation Council membership and assists in fulfilling the mission of promoting forward-thinking approaches to the issues raised by regulatory policy and technology innovation in the accounts receivable industry.

When the CFPB published part one of the debt collection rule on October 30, 2020, and then part two a few weeks later, a little over a year seemed like plenty of time to understand, and comply with, the Regulation’s requirements. It was also a year full of discussion, debate, and conversation about how the industry would change and adapt once the Regulation went into effect. 

So, what can we expect? We turned to the Consumer Relation’s Consortiums Legal Advisory Board for their opinions.


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