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Home / News Stories / Lawyers to face CFPB oversight for debt collection (access required)

Lawyers to face CFPB oversight for debt collection (access required)

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. It will be the first time lawyers are subject to oversight by a federal agency. “Millions of consumers are affected by debt collection, and we want to make sure they are treated ...

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