By Stephen J Shapiro In order to pursue its Congressional mandate to enforce Federal consumer financial laws, the Consumer Financial Protection Bureau (CFPB) may compel the production of documents or testimony by issuing a civil investigative demand (CID) to anyone the CFPB believes has information relevant to a violation of those […]
By Stephen J Shapiro Drivers who use New Jersey’s toll roads can pat themselves on the back because the tolls they pay help fund a public benefit. But, as the Third Circuit recently held, that fact also means that tolls are not “debts” under the Fair Debt Collection Practices Act (“FDCPA”) […]
By Stephen J. Shapiro The Fair Debt Collection Practices Act regulates the conduct of debt collectors. The Act defines a “debt collector” as (a) any entity whose “principal purpose . . . is the collection of any debts” (the “principal purpose” definition), or (b) any entity that “regularly collects or […]
By Stephen J Shapiro The Fair Debt Collection Practices Act (“FDCPA”) requires that a debt collector attempting to collect a debt notify a consumer that (1) “unless the consumer . . . disputes the validity of the debt . . . the debt will be assumed to be valid by the […]