Avoid violating Regulation F and learn how to implement policies and procedures to ensure compliance.
Debt collectors are subject to extensive rules and limitations under the Fair Debt Collection Practices Act (‘FDCPA’) and Regulation F, the new set of regulations concerning the FDCPA. This presentation will discuss the CFPB’s latest regulations governing debt collection. The webinar will provide an overview of the regulated conduct, the practical implications on debt collectors, and best practices and procedures to ensure compliance with Regulation F. The topic will also highlight litigation risks and potential defenses, as well as interaction with state law. This presentation will provide an overview of the evolving regulatory landscape for debt collectors to aid in their compliance obligations and to avoid litigation risk.
Learning Objectives
- You will be able to define the FDCPA and Regulation F and identify the conduct governed by each.
- You will be able to describe ways in which your organization can avoid violating the FDCPA and Regulation F, and how to implement policies and procedures to ensure compliance.
- You will be able to identify debt collection conduct that is prohibited by Regulation F and which could potentially exposes your organization to liability under the FDCPA.
- You will be able to review your organization’s policies and procedures to ensure compliance with the requirements of the FDCPA and Regulation F.
Agenda
Overview of the FDCPA
- Who Is Covered by the Act?
- What Conduct Is Covered?
- What Damages Are Recoverable?
Overview of Regulation F
- Introduction, Purpose, Effective Date
- What Conduct Is Regulated?
- Interaction With State Law
- Expected Regulation F Litigation
- Potential Defenses and Safe Harbors
- Brief Survey of Recent Regulation F Litigation (Time Permitting)
Speakers
Adam M. Kaplan,
Stradley Ronon Stevens & Young, LLP- Associate, Stradley Ronon Stevens & Young, LLP
- Practice focused on consumer lending and financial services litigation, with a primary focus on defending claims against financial services companies, including claims under the FDCPA, FCRA, TILA, and RESPA, as well as class-action, deceptive trade practices, and fraud claims
- Counsels clients on regulatory compliance and risk assessment and advises on enforcement actions and investigations
- Defends both single-plaintiff and class-action lawsuits against banks, mortgage lenders and servicers, student lenders, auto finance companies, debt collection companies, and other financial services institutions
- J.D. degree, Rutgers Law School; B.A. degree, Northwestern University
Eric M. Hurwitz,
Stradley Ronon Stevens & Young, LLP- Partner in the office of Stradley, Ronon, Stevens & Young, LLP
- Co-chair of the firm’s financial services litigation practice group
- Practice focused on defending financial institutions from claims arising out of nearly every type of consumer and commercial financial product
- Defends both single plaintiff and class action lawsuits against banks, mortgage lenders and servicers, student lenders, credit card companies, auto finance companies, debt collection companies and other financial services institutions
- Conducts regular seminars and workshops on numerous consumer finance topics.
- Author of publications concerning the mortgage industry, including servicing regulations promulgated by the Consumer Financial Protection Bureau and standing challenges to foreclosures
- New Jersey Law Journal, 40 under 40, comprised of the top 40 young professionals in the New Jersey legal community; South Jersey Biz, Best Attorneys in Business for litigation
- B.A. degree, University of Texas at Austin; J.D. degree, Boston University School of Law
- Can be contacted at ehurwitz@stradley.com or 856-321-2406
Who Should Attend
This live webinar is designed for credit managers in business and industry, creditors, debt collectors, debt buyers, collection agents, bankers, commercial lending professionals, financial planners, accountants, and attorneys.
