Proposed rule targets debt collectors, credit agencies
The new federal consumer protection bureau has proposed a rule that would place large-scale debt collectors and consumer reporting agencies under its “nonbank” supervision program.
View ArticleCollections lawyers bracing for federal oversight
After the new year some lawyers engaging in debt collection will now be supervised by the Consumer Financial Protection Bureau pursuant to a new rule promulgated by the agency.
View ArticleDebt scheme lawyers ensnared in 1st criminal referral by consumer agency
In the first criminal complaint referred to prosecutors by the watchdog agency Consumer Financial Protection Bureau, a debt relief company and two lawyers have been indicted in an alleged fraud scheme.
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