Comments due on Bureau FDCPA proposal
On March 3, 2020, the CFPB published a Supplemental Notice of Proposed Rulemaking requesting comment on a proposal to amend Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA) to require debt collectors to make certain disclosures when collecting time-barred debts (see our earlier Top Story). The comment period was set to close on May 4, 2020. The Bureau has published a notice in the March 27, 2020, Federal Register extending the comment period through June 5, 2020.
UPDATE: on 5/19/2020, the CFPB announced it will extend the comment period through 8/4/2020.
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