Sherrod Brown’s Recommendations for Improving the FDCPA

From insideARM, the recommendations include:

  • Require that debt collectors, whether primary creditors or third party collectors, hold all relevant documentation before issuing their first debt collection notice to the consumer.
  • Require that information on prior collection attempts travel with the debt.
  • Prohibit the sale of unverifiable debts.
  • Eliminate the sale or collection of time-barred debt.
  • Issue updated guidance for consumer dispute procedures reflecting the new technological possibilities for documented consumer disputes.