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Court Rules FDCPA Statute of Limitations Begins When Violation is Discovered

On March 27, a United States District Court judge denied a request to dismiss a Fair Debt Collection Practices Act (FDCPA) case as outside the one-year statute of limitations. The judge held that the “Discovery Rule” applies and that the statute doesn’t begin to run until the plaintiff “discovers” the alleged violation, rather than from the date of occurrence of the activity that gives rise to the cause of action. 

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How should you prepare for coming first party collection rules?

Hear from and engage with key FTC and CFPB policy leaders at the First Party Summit, June 5-7 in Frisco, TX. Plus, get unparalleled networking opportunities and hear how the top firms in first party handle their biggest challenges. Register today.

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In case you missed it...

CFPB Director Cordray's Testimony Gets Off to a Heated Start

 Yesterday, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray testified before the U.S. House Financial Services Committee. Following brief prepared remarks, Committee Chairman Jeb Hensarling (R-TX) went on the attack, first quoting from a December 21, 2016 National Review article written by attorney Ron Rubin, a former employee of both the CFPB and the House Financial Services Committee.

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A Candid Conversation about Compliance - Denver, Colorado

23 August 2017 at 10:00 a.m.

Join the Compliance Professionals Forum for a free meeting* where compliance professionals of all levels share their perspectives, accomplishments, and challenges. Problem-solve with local compliance professionals and walk away with strategies that you can implement right away. 

A special thank you to TransUnion and Ontario Systems for generously sponsoring the meeting.

Registration is now available.

* There is a $25 registration fee that is waived for Compliance Professionals Forum members.

Event Details »


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