June 23, 2020 — New York City’s new debt collection rules will be discussed during a Maurice Wutscher webinar now available on demand.
The New York City Department of Consumer and Worker Protection has adopted new rules requiring debt collectors to provide consumers with language preference disclosures and an affirmative obligation to request and record the consumer’s language preference. Debt collectors will not be required to translate a collection communication.
The rules become effective June 27 with a 60-day enforcement grace period beginning from the effective date of the rules.
During the webinar, Maurice Wutscher’s Donald Maurice and Eric Rosenkoetter will be joined by Marina Banje, Senior Compliance Counsel of Cavalry Portfolio Services, LLC, to address both the implementation of the disclosure and reporting requirements, along with how the agency might be perceiving the new rules’ ambiguous requirements.
To register, click here.