By Chris Hawkins, Bradley Arant Boult Cummings LLP (Birmingham, AL) The Consumer Financial Protection Bureau (CFPB) published its debt collection final rule in the Federal Register on November 30, 2020, revamping the Fair Debt Collection Practices Act (FDCPA) for the first time since its enactment in 1977. Despite written comments submitted by several industry groups requesting clarity in areas where...
United States Trustee Challenges Practice of Filing Time-Barred Claims
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By William Houston Brown, Academy Editor and Advisor
In complaints filed by the United States Trustee, various theories were alleged concerning the practices of defendants, which involved the filing of proofs of claim for debts that would otherwise be time barred under applicable nonbankruptcy law. In granting the defendants’ motion to dismiss in large part, the court made numerous findings. As to the complaints of improper signatures to the proofs of claim, the court found that the fixing of a signature to a proof of claim by a person who had no role in the preparation of that . . .
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