Virtual Lunch and Learn CFPB New Rule

CFPB-Bureau Issues Interim Final Rule on Fair Debt Collection Practices Act

Tuesday, April 27, 2021
12:00 PM - 12:30 PM (CDT)
Zoom Link
* Registration open until 4/27/21 at 11:59 AM (CST)
* Registration open until 4/27/21 at 11:59 AM (CST)

Speaker: Joseph Wallace, Simpson, Jensen, Abels, Fischer & Bouslog, P.C.

Date: TUESDAY, April 27, 2021

Time: 12:00 p.m. – 12:30 p.m.

Cost: Complimentary for GIAA Members courtesy of Joseph Wallace

Location: Online

On April 19, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule requiring “debt collectors” to provide written notice to renters of their rights under the CDC’s eviction moratorium order and prohibiting "debt collectors" from misrepresenting renters’ eligibility for protection from eviction under the moratorium. The rule will go into effect on May 3 and last through the duration of the CDC Order, which was recently extended through June 30, 2021.

To understand whether the rule applies to you, it is important to note the CFPB’s definition of “debt collector,” derived from the Fair Debt Collection Practices Act (FDCPA). According to the CFPB, under the FDCPA:

[The interim final rule requirement] may include lawyers who represent landlords or property managers in eviction court to collect unpaid rent, if they start collecting the debt for [a renter’s] landlord after [renters] fall behind on [their] payments.

This interim final ruling only adds to the confusion as federal, state and local eviction moratoria are being applied very differently in courts across the country.

Read More

GIAA reserves the right to reject any proposed presentation
by a GIAA event sponsor, as well as all handouts,
which will be made available during GIAA events.
GIAA will not be responsible for the accuracy of any
information provided by an event sponsor.

* Registration open until 4/27/21 at 11:59 AM (CST)
* Registration open until 4/27/21 at 11:59 AM (CST)

Registration will work for the named attendee only. You may not be able to access the event if your registration link is forwarded. Helpful details below:

  • Login to register!
  • When entering the attendee name, select from the dropdown list that appears rather than just typing information in. This way, the registration is connected to the existing member record.
  • If registering multiple people, be sure to include unique emails for each, so that everyone receives their unique join link. Otherwise, the purchaser would need to forward the links to everyone on their registration.

For More Information:

Michael Fazio, CAS

Michael Fazio, CAS

Association Staff, Greater Iowa Apartment Association