The Consumer Financial Services Blog - ON DEMAND RECORDING

The District of Columbia recently passed legislation to substantially revise its debt collection law on an emergency basis. The amended law became effective Sept. 23, 2021.  DC’s debt collection law was first enacted in 1971 and the amendments not only make it more burdensome for debt collectors but also for most financial services companies and other businesses operating in the District who were not previously within the scope of the law. 

This presentation will:

  • examine the (m)(2) Notice and how it is bound to cause substantial compliance concerns
  • take a closer look at judgments
  • consider the negative impact the legislation has caused first-party servicers
  • identify the triggers causing debt collection cessation
  • identify the documents and data that must be in a debt collector's possession
  • examine applicability to legal actions (both pre-suit and post-judgment)
  • walk through call and contact limitations and their exceptions
  • explain what you can do to affect needed changes in the permanent bill 

You can download the slide deck here.

Attendees can receive 1.5 RMAI continuing education credits.

Read our blog article here.

NOTE: This webinar has no dial-in number and the broadcast can only be heard over your PC's speaker or with headphones.

Presented by

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Donald Maurice | Principal | Maurice Wutscher LLP

Donald Maurice represents consumer and commercial financial services companies, including financial asset buyers and sellers, depository institutions, third-party debt collectors, and other financial services providers. He successfully litigates for the financial services industry in state and federal courts. He has provided defense in individual and class action claims brought under the Truth in Lending Act, Equal Credit Opportunity Act, Fair Debt Collection Practices Act, Telephone Consumer Protection Act, Fair Credit Reporting Act and various state consumer protection laws. In addition, Don counsels clients in data privacy and other regulatory compliance matters and provides advice and counsel to attorneys in matters of professional responsibility and attorney ethics. He is outside counsel to RMAI, is a fellow of the American College of Consumer Financial Services Lawyers and is a member of the Governing Committee of the Conference on Consumer Finance Law. Don is a fellow of the ABA’s American Bar Foundation and served as chair of the ABA’s Debt Collection Practices and Bankruptcy Subcommittee, Business Law Section from 2014 to 2017. He is licensed to practice law in the District of Columbia, Massachusetts, New Jersey and New York.