In January 2025, the New York City Department of Consumer and Worker Protection (DCWP) issued a Notice of Change of Effective Date (Notice), further delaying the effective date for the final rules relating to debt collectors...more
1/30/2025
/ City of New York ,
Consumer Financial Products ,
Debt Collection ,
Debt Collectors ,
Effective Date ,
Final Rules ,
Financial Regulatory Reform ,
Financial Services Industry ,
Regulatory Agenda ,
Regulatory Requirements ,
State and Local Government
In November 2024, the New York City Department of Consumer and Worker Protection (DCWP) proposed additional amendments to its rules relating to debt collectors to clarify the definition of a "debt collector."...more
12/10/2024
/ City of New York ,
Comment Period ,
Debt Collection ,
Debt Collectors ,
Final Rules ,
Financial Regulatory Reform ,
Financial Services Industry ,
Proposed Amendments ,
Public Comment ,
Public Hearing ,
Regulatory Agenda
In September, the New York City Department of Consumer and Worker Protection (DCWP) requested comment on proposed amendments to its rules relating to debt collectors, which could significantly change the requirements and...more
On October 29, 2021, the New York State Department of Financial Services (DFS) posted proposed amendments to its debt collection rules for Third-Party Debt Collectors and Debt Buyers (under 23 New York Codes, Rules, and...more
Eighth Circuit Holds That Filing Accurate Proof of Claim on Time-Barred Debt Does Not Violate the FDCPA -
Nelson v. Midland Credit Mgmt., Inc., No. 15-2984, 2016 WL 3672073 *1 (8th Cir. July 11, 2016) -
On July 11,...more