Picking Apart the Validation Notice Requirements Under the Debt Collection Rule | Smith Debnam Narron Drake Saintsing & Myers, LLP
To embed, copy and paste the code into your website or blog: While it remains to be seen what, if any, changes a change in leadership in the CFPB will bring to the Debt Collection Rule, for now collection agencies should begin readying themselves for a November 30 th effective date. Now that the Rule has been fully published, this article will explore the Ruleโs center piece, Section 1006.34 (Debt Validation Notices), and five traps for the unwary. Trap Number 1: .ย For purposes of debt vali...
John Smith Smith Debnam Narron Drake Saintsing Debt Collection Rule Debt Validation Notices Model Form Reverse Side
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