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Tuesday, October 22, 2013

4:00 p.m. - 4:45 p.m.
Track: Legal and Regulation View Track

IS IT SAFE? DEBT SETTLEMENT AND NAVIGATING THE RECENT FED AND STATE ACTIONS

Teresa Dodson, Sr. Vice President, Business Development, STRATEGIC CS
Christopher P. Meier, Esq., Attorney, GREENSPOON MARDER, P.A.

  • Compliance requirements and how this has impacted debt settlement
  • CFPB, FTC and State regulator concerns/issues how this affects their business and you
  • The CFPB’s application of Unfair Deceptive or Abusive Acts or Practices  (“UDAAP”) to the Collection of Consumer Debts
  • How the CFPB defines UDAAP/ including the elusive “Abusive”
  • How the CFPB will likely measure whether collectors or agencies are committing UDAAP
  • How to take preventive measures to avoid a UDAAP claim by the CFPB
  • How to best deal with a CFPB inquiry
  • Best practices/success stories

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