U.S. Supreme Court Refuses To Apply FDCPA To Purchasers Of Debt But Leaves Potential Arguments For Applicability Undecided
The Fair Debt Collection Practices Act ("FDCPA") authorizes private lawsuits and fines to deter abusive collection efforts by "debt collectors"—a term defined under 15 U.S.C. §1692a(6) to include anyone who "regularly collects or attempts to collect […]