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Analysis

CFPB's Move To Ban Suits On Stale Debt Stirs Advocate Angst

By Jon Hill ( May 10, 2019, 11:50 PM EDT) -- A major new package of debt collection regulations proposed by the Consumer Financial Protection Bureau calls for formally banning debt collectors from suing or threatening to sue over debt that's past its expiration date, but consumer advocates say this plan would actually weaken the status quo....

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