cover of episode CFPB Advisory Opinion on Time-barred Debt Collection

CFPB Advisory Opinion on Time-barred Debt Collection

2023/8/3
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The Consumer Finance Podcast

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In our latest episode of *The Consumer Finance Podcast, *Chris Willis and his colleagues Stefanie Jackman, Joe Reilly, and Jonathan Floyd discuss the CFPB's advisory opinion related to collection of time-barred debt. The discussion includes a look at the historical events that led up to this opinion, whether or not an FDCPA-covered debt collector can sue to collect a time-barred debt, how this opinion relates to state law analogs, and key takeaways for the industry.