Could the CFPB Help Stem the Tidal Wave of TCPA Lawsuits?

For the past month, the debt collection industry has been abuzz over the Consumer Financial Protection Bureau’s (CFPB) Advance Notice of Proposed Rulemaking (ANPR) for debt collection. While the stated purpose of new rules is to update the aging Fair Debt Collection Practices Act (FDCPA), there have been some clues that the ARM industry might find relief from a surge in lawsuits claiming violations of another law. <more>