Fair Debt Collection Industry Under Aggressive Scrutiny And Enforcement Actions By The CFPB And FTC
|Date / Time:
This CLE webinar will provide banking and financial services counsel with a review of trending debt collection litigation, the evolving CFPB regulatory environment facing the debt collection industry and recent enforcement actions by the CFPB and the FTC, including issues related to attorneys who engage in debt collection and foreclosure activity.
The CFPB instituted several public law enforcement actions related to unfair, deceptive and abusive debt collection in 2014, including an action against a debt collection law firm alleging the use of illegal tactics to intimidate consumers into paying debts they may not owe and the filing of false court affidavits. These actions have resulted in the collection of more than $570 million in consumer relief and more than $13 million in penalties.
In 2015, the CFPB has continued its aggressive enforcement activities (with other federal and state regulators) in the debt collection industry. The CFPB’s recent suit against Corinthian Colleges signals a new direction for the agency in scrutinizing debt collection practices by for-profit colleges.
Targeting debt collectors that allegedly engage in deceptive, unfair or abusive conduct continues to be a high priority of the FTC. In 2014, the FTC brought or resolved 15 debt collection cases, the most in any year, including one case in which the agency obtained a record $90.5 million in judgments.
Listen as our authoritative panel of attorneys will discuss the evolving CFPB and FTC regulatory and enforcement environment for participants in the debt collection market, including attorneys who engage in debt collection and foreclosure activity. The panel will provide strategies for adapting to increased regulatory oversight, aggressive agency enforcement actions and recent FDCPA litigation trends.
- FDCPA litigation update
- CFPB supervisory, regulatory and enforcement trends
- Review of recent FTC enforcement actions
- Special topics concerning attorneys as debt collectors, including foreclosure attorneys
The panel will review these and other key issues:
- What are the most recent case law developments in debt collection litigation?
- What is the nature of the enforcement actions taken by the CFPB in 2015?
- What type of debt collection rules can we expect to see in 2015 based on the CFPB’s ANPR?
- What practices have been the focus of the FTC enforcement actions?
David N. Anthony, Partner
Troutman Sanders, Richmond, Va.
Mr. Anthony is an experienced trial attorney with a concentration in litigating financial services and business disputes, including class actions. He has represented national, regional and local banks, lenders, a national credit reporting agency, furnishers, debt collectors, background screening companies, employers and other consumer finance entities against claims under the FRCA, FDCPA, TCPA, ECOA, state consumer protection acts and common law.
Rebecca E. Kuehn, Partner
Hudson Cook, Washington, D.C.
Ms. Kuehn’s practice is focused on consumer financial services and consumer protection matters. She counsels financial institutions, consumer reporting agencies, service providers, and others in complying with consumer financial laws and prohibitions against unfair, deceptive, or abusive trade practices. Ms. Kuehn represents clients before federal and state agencies, particularly the FTC and CFPB, in investigations and other proceedings.
Continuing Education Credits Available
This program has been approved for 2.0 CPE hours through Strafford Publications. CPE Credit is available only for the LIVE webcast. Recorded versions do not qualify for credit.
Strafford is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
To obtain CPE credit, attendees must participate in the live event, return an Official Record of Attendance to Strafford affirming their participation (including the CPE code announced during the program), and pay a processing fee of $35 per person.
Strafford will mail a certificate of credit within approximately 2 weeks of receiving an attendee's completed Official Record of Attendance—provided all required conditions have been satisfied.
Handout materials and the phone number for live presentations are made available to you 1 day prior to the event via email from the presenter. Copies of the presentations are included with recorded versions.
If you order a recorded version of the webinar, CD's will be mailed out approximately 10 days after the live event. Shipping is included in the price of recorded versions.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in On-Demand Or CD versions, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|Licenses / Designations / Educational Credits:||CLE|
All US States: 1.5
|About The Provider:
||Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting their website.
Strafford webinars and teleconferences offer an excellent opportunity to train your entire staff—with no lost travel time or expenses. They are extremely cost-effective—allowing an unlimited number of people at your location to listen from a single line at no additional charge.
Each live seminar features presentations by a panel of nationally recognized authorities, followed by an interactive Q&A session. Presentation materials can be viewed online or printed out. Audio can be accessed via the web or a telephone.
||Contact Us For More Information
||Share on Facebook
Share on Twitter
Share on Google+
Overdraft Protection Programs
Achieving Unclaimed Property Compliance Best Practices For The Banking Industry
What To Do When A Customer Dies
Regulation E Final Changes on Prepaid Cards
Uniform Commercial Code Rules: How to Comply to Attach and Perfect Secured Transactions
Legal Liabilities When Check Fraud Occurs
Call Report: Lending Schedules For Banks
Certified Regulatory Vendor Program Manager
TRID Checkup: Areas of Concern and Uncertainty
Calculating Cash Flow
Underwriting Construction Loans
Critical Issues on Certificates of Deposit (CDs)
Bank and Financial Institution Fraud
Loan Processing 101: The Basics
Loan Documentation: Top 10 Mistakes and How to Avoid Them
Loan Officer Boot Camp