The comment period starts running tomorrow when the Advance Notice of Proposed Rulemaking (ANPR) on debt collection issued by the CFPB will be published in the Federal Register. Comments on the ANPR will be due by February 10, 2014.
We have prepared a legal alert summarizing the ANPR. In addition, on November 25, 2013, from 12 p.m.to 1 p.m. ET, we will conduct a webinar, “The CFPB’s Debt Collection Rulemaking: Our Predictions and the Potential Impact on the Industry.” The registration form is available here.