The Fair Debt Collection Practices Act (FDCPA),Pub. L. 95-109;91 Stat. 874,codified as 15 U.S.C. § 1692 –1692p,approved on September 20,1977 is a consumer protection amendment,establishing legal protection from abusive debt collection practices,to the Consumer Credit Protection Act,as Title VIII of that Act. The statute's stated purposes are:to eliminate abusive practices in the collection of consumer debts,to promote fair debt collection,and to provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the information's accuracy. The Act creates guidelines under which debt collectors may conduct business,defines rights of consumers involved with debt collectors,and prescribes penalties and remedies for violations of the Act. It is sometimes used in conjunction with the Fair Credit Reporting Act.
Benjamin Zachary Konop is a Senior Litigation Counsel in the Office of Enforcement at the Consumer Financial Protection Bureau in Washington,D.C. He also was a law professor and attorney in private practice.
Richard Adams Cordray is an American lawyer and politician serving as the COO of Federal Student Aid in the United States Department of Education. He served as the first director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017. Before that,Cordray variously served as Ohio's attorney general,solicitor general,and treasurer. He was the Democratic nominee for governor of Ohio in 2018.
A debt buyer is a company,sometimes a collection agency,a private debt collection law firm,or a private investor,that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own,utilize the services of a third-party collection agency,repackage and resell portions of the purchased portfolio,or use any combination of these options.
The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22,2009. It is comprehensive credit card reform legislation that aims "...to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan,and for other purposes." The bill was passed with bipartisan support by both the House of Representatives and the Senate.
Josephine Laura Staton is a United States District Judge of the United States District Court for the Central District of California.
Matthew David Roberts is an American lawyer.
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks,credit unions,securities firms,payday lenders,mortgage-servicing operations,foreclosure relief services,debt collectors,and other financial companies operating in the United States. Since its founding,the CFPB has used technology tools to monitor how financial entities used social media and algorithms to target consumers.
Rajeev V. Date is an American businessman,attorney,and venture capital investor who served as Deputy Director and Special Advisor for the United States Consumer Financial Protection Bureau. He had previously served in a variety of leadership positions at the Bureau,including several months as the startup agency's leader,as the Special Advisor to the United States Secretary of the Treasury. He is credited with guiding the Consumer Financial Protection Bureau's early strategic,operational,and policy initiatives.
Disputes between consumers and businesses that are arbitrated are resolved by an independent neutral arbitrator rather than in court. Although parties can agree to arbitrate a particular dispute after it arises or may agree that the award is non-binding,most consumer arbitrations occur pursuant to a pre-dispute arbitration clause where the arbitrator's award is binding.
Timothy James Kelly is a United States District Judge of the United States District Court for the District of Columbia and former chief counsel for national security and senior crime counsel to the Senate Judiciary Committee.
Keith A. Noreika is an American lawyer who specializes in the regulation of financial institutions. He served as Acting Comptroller of the Currency from May 5,2017,to November 27,2017,following the 30th Comptroller of the Currency,Thomas J. Curry,and preceding the 31st Comptroller of the Currency,Joseph Otting. Noreika rejoined the law firm of Simpson Thacher on January 8,2018.
Leandra English is an American political advisor serving as an advisor to the Superintendent of the New York State Department of Financial Services. She formerly was the Deputy Director of the Consumer Financial Protection Bureau (CFPB) from 2017 until her resignation in 2018. She was the plaintiff in the lawsuit English v. Trump,in which she unsuccessfully sought to have herself acknowledged as Acting Director of the CFPB.
Deepak Gupta is an American attorney,known for representing consumers,workers,and a broad range of clients in Supreme Court and appellate cases and constitutional,class action,and other types of litigation. Gupta is the founding principal of the law firm Gupta Wessler PLLC and a lecturer at Harvard Law School.
Leandra English v. Donald Trump,et al.,No. 1:17-cv-02534,was a lawsuit before the United States District Court for the District of Columbia. The plaintiff,Leandra English,alleged that the defendants,Donald Trump and Mick Mulvaney,violated 12 U.S.C. §5491(b)(5)(B),a component of the Dodd–Frank Act of 2010,when President Trump appointed Mulvaney to be Acting Director of the Consumer Financial Protection Bureau (CFPB).
Rohit Chopra is an American consumer advocate who is the 3rd director of the Consumer Financial Protection Bureau and previous member of the Federal Trade Commission (FTC). Prior to this,Chopra served as Assistant Director of the Consumer Financial Protection Bureau (CFPB),a federal agency tasked with consumer protection in the financial sector. Chopra also served within the CFPB as the agency's first Student Loan Ombudsman,an office created by the Dodd–Frank Act.
Kathleen Laura Kraninger is an American government official who served as director of the Consumer Financial Protection Bureau (CFPB) from December 11,2018,until her resignation on January 20,2021. Before that,she served in the White House Office of Management and Budget during the Trump administration.
Seila Law LLC v. Consumer Financial Protection Bureau,591 U.S. ____ (2020) was a U.S. Supreme Court case which determined that the structure of the Consumer Financial Protection Bureau (CFPB),with a single director who could only be removed from office "for cause",violated the separation of powers. Handed down on June 29,2020,the Court's 5–4 decision created a new test to determine when Congress may limit the president of the United States power to remove an officer of the United States from office.
Collins v. Yellen,594 U.S. ___ (2021),was a United States Supreme Court case dealing with the structure of the Federal Housing Finance Agency (FHFA). The case follows on the Court's prior ruling in Seila Law LLC v. Consumer Financial Protection Bureau,which found that the establishing structure of the Consumer Financial Protection Bureau (CFPB),with a single director who could only be removed from office "for cause",violated the separation of powers;the FHFA shares a similar structure as the CFPB. The case extends the legal challenge to the federal takeover of Fannie Mae and Freddie Mac in 2008.
David Uejio is an American government official who is the chief strategy officer at the Consumer Financial Protection Bureau. His nomination to serve as assistant secretary of housing and urban development for fair housing and equal opportunity was returned to the President in January of 2022 and renominated the next day. He previously served as acting director of the Consumer Financial Protection Bureau (CFPB) since January 20,2021.
