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A debt may not be a “debt”

Question: 
What debts may be covered now?
Answer: 

The proposal restates the old definition but adds a new category of debt called a “Consumer Financial Product or Service Debt.” Parts of the rule apply to “debts,” others to “Consumer Financial Products or Service Debts.”
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Learn more about Andy and John’s webinar The FDCPA Proposal – Why you Can’t Ignore it!

First published on 07/14/2019

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