Wed April 22nd, 2020
Sponsor: Rep. Wm. Clay — D — MO
Classifies some businesses engaged in nonjudicial foreclosure proceedings as debt collectors under the Fair Debt Collection Practices Act (FDCPA). (Nonjudicial proceedings allow foreclosures on delinquent mortgages to occur without court supervision.) By classifying such businesses as debt collectors, The bill requires them to comply with all applicable provisions of the FDCPA.
Don't be sad- we've got your back. Just enter your email below and instructions on resetting your password will be sent to you.×