On Friday afternoon, the Consumer Financial Protection Bureau (CFPB) released its long-awaited Supplemental Notice of Proposed Rulemaking (SNPRM) for time-barred debts. The CFPB first hinted that an SNPRM was coming last year when it included a placeholder for time-barred debts in its full NPRM for debt collection, as well as when it launched a consumer survey for time-barred debt disclosures. As recently as December, the CFPB noted that the SNPRM would be coming “very early in 2020″—and now it is here . . . [ Click Here To Continue ]
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The CFPB’s SNPRM for Time-Barred Debts—Breaking It Down
The Office of Jennifer McCoy Law • March 2, 2020
Mailing Address
P.O. Box 140450
Nashville, TN 37214
Phone
615-500-8577
Hours
Mon. - Fri. 8am-5pm
