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CFPB

RIN: 3170-AA41

Publication ID: Fall 2013

Title: Debt Collection Rule
Abstract: The Federal Government for many years has received more consumer complaints about debt collectors than about any other single industry. See Consumer Financial Protection Bureau, Fair Debt Collection Practices Act: CFPB Annual Report (March 20, 2013) at 14. The Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from engaging in unfair, deceptive, abusive, and other unlawful collection practices, but no Federal agency was vested with authority to issue general implementing regulations prior to the creation of the CFPB. The CFPB is considering whether rules governing the collection of debts are warranted under the FDCPA or other CFPB authorities, and if so what types of rules would be appropriate. Rulemaking might include disclosures or address acts or practices in connection with debt collection activities.
Agency: Consumer Financial Protection Bureau(CFPB)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Prerule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Not Yet Determined

Legal Deadline: None

Timetable:

Action	Date	FR Cite
ANPRM	11/12/2013	78 FR 67847
ANPRM Comment Period End	02/10/2014

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Thomas Pahl Office of Regulations Consumer Financial Protection Bureau Phone:202 435-7700