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September 20, 2019

ABA urges Consumer Finance Protection Bureau to withdraw safe harbor proposal for creditor attorneys

WASHINGTON, Sept. 20, 2019 —American Bar Association President Judy Perry Martinez this week submitted a comment letter to the Consumer Financial Protection Bureau regarding its proposed rule on “Debt Collection Practices (Regulation F).” The ABA’s letter urged the CFPB to withdraw the safe harbor provision in the proposed rule aimed at creditor litigation attorneys, reject the “meaningful attorney involvement” concept, and recognize the courts’ primary and inherent authority to oversee and address the conduct of all attorneys engaged in litigation before them. 

Read the letter here.

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