“Ch-ch-ch-ch-changes, turn and face the strange…”*

A few months ago (July 24, 2019) an editorial in the Arizona Daily Star caught my attention. Kelly Griffith executive director of the Southwest Center for Economic Integrity wrote about the Consumer Financial Protection Bureau(CFPB)’s proposed changes to their rule regulating the Fair Debt Collection Practices Act (FDCPA). The FDCPA was passed in 1977 to curtail abusive debt collection practices and to encourage consistent State response to abusive collection practices. Practices that were found to contribute to personal bankruptcy, marital instability, loss of jobs, and invasions of individual privacy. 15 U.S.C. 1692(a), (e).

As Ms. Griffith aptly alerted, the CFPB proposes to update the Fair Debt Collection Practices Act (FDCPA) to allow certain practices for debt collection. Currently, generally  speaking text and email collection notices are not allowed but will be under the proposed changes. Proposed changes offer to limit telephone collection calls to seven a week, but that could result in a lot of calls for 2 or 3 debts.

What do you think a creditor or its debt collector should be allowed to do to collect debt? What if the debt is invalid? I think it is important the CFPB hear from those directly affected by their rule changes, comments to the rule may be submitted through 11:59 p.m. September 18, 2019. To learn more about the rule go to the CFPB website. Here is a direct link to the proposed rule and comment portal.

***David Bowie Song

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