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FTC and the CFPB to Co-Host Roundtable to Determine the Flow of Consumer Data Throughout the Debt Collection Process

(Source: FTC) - The Federal Trade Commission and the Consumer Financial Protection Bureau will co-host a roundtable on June 6, 2013, to examine the flow of consumer data throughout the debt collection process. The event will bring together consumer advocates, credit issuers, collection industry members, state and federal regulators, and academics to exchange information on a range of issues. Topics will include:

– the amount of documentation and other information currently available to different types of collectors and at different points in the debt collection process;
– the information needed to verify and substantiate debts;
– the costs and benefits of providing consumers with additional disclosures about their debts and debt-related rights; and
– information issues relating to pleading and judgment in debt collection litigation.

The roundtable is free and open to the public; it will be held at the FTC’s Satellite Building Conference Center, 601 New Jersey Avenue, NW, Washington, D.C. and will also be streamed live online.  An RSVP is suggested as space is limited.  To RSVP, please email only your name and affiliation (if any) to LifeofaDebt@ftc.gov.

The agenda for the roundtable is as follows:

Read more here


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