Letters Archives - Page 4 of 32

December 21, 2021 by John Bedard in FDCPA

Colorado Clarifies Intersection Between Regulation F and State Disclosure Requirement

On December 20, 2021, the Administrator of the Colorado Uniform Consumer Credit Code (an assistant attorney general) published an Advisory Opinion clarifying the State’s interpretation of the Colorado Fair Debt...

November 23, 2021 by Erin Kerr in Data

Hunstein: Court Sets Date for en banc Hearing; Limits Briefs to Standing

Last week, the Eleventh Circuit Court of Appeals vacated its opinion in Hunstein vs. Preferred Collection & Management Services, Inc. The Court also advised in their order vacating the opinion...

November 18, 2021 by Stefanie H Jackman in Compliance

NYDFS Proposes Amendments to Debt Collection Regulation

On October 29, the New York Department of Financial Services issued proposed amendments to 23 NYCRR 1, its regulation titled “Debt Collection by Third-Party Debt Collectors and Debt Buyers.” The...

November 17, 2021 by Missy Meggison in Compliance

BREAKING: 11th Circuit Vacates Hunstein; Full Panel will Rehear Case

Just before noon today, the Eleventh Circuit Court of appeals issued an order (Order) vacating its opinion in Hunstein vs. Preferred Collection & Management Services, Inc, 994 F.3d 1341 (11th Cir....

November 2, 2021 by Eric Rosenkoetter in Collection Laws and Regulations

The New York Large Print Notice Is Fuzzy in Any Format

On Oct. 8, S.737A was signed into New York law, “requiring debt collectors to inform debtors that written communications are available in large print format.” The legislation becomes effective Nov. 7, 2021....

November 1, 2021 by Missy Meggison in CFPB

CFPB Releases Additional Reg F Guidance

On October 29, 2021, the CFPB added a new section to the Reg F Frequently Asked Questions (FAQ) guidance documents. The new FAQs address the model validation notice, validation information,...

October 29, 2021 by Missy Meggison in CFPB

11th Circuit Issues Substitute Opinion in Hunstein; Will Dissent provide Key for Defense Against Copycats?

Yesterday, the 11th Circuit Court of appeals issued a substitute opinion in Hunstein vs. Preferred Collection & Management Services, Inc , 994 F.3d 1341 (11th Cir. 2021), which now stands in...

October 25, 2021 by Missy Meggison in CFPB

CFPB Releases Spanish Model Validation Notice

On October 18, 2021, the CFPB released a Spanish translation of the Model Validation Notice found in Regulation F (“Reg F”). Per the CFPB, this translation is a “complete and...

October 13, 2021 by Missy Meggison in Letters

New York Governor Signs Law Requiring New Initial Communication Disclosure; Effective Nov 7, 2021

Effective November 7, 2021, debt collectors will need to provide a new disclosure on initial demands sent to New York consumers. The new disclosure allows consumers to request communications in...

October 11, 2021 by Missy Meggison in CFPB

Without Creditor Cooperation, Debt Collectors Cannot Safely Work Accounts After November 29th

Creditors: did that headline grab your attention? Hopefully it did, since this article is speaking directly to you and was meant to bring light to a significant issue regarding Reg...

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