The Bureau has issued a small entity compliance guide
summarizing the October 2020 Debt
Collection Rule. The guide is available here.
The small entity compliance guide includes a detailed
summary of the Rule’s substantive prohibitions and requirements, including those
that generally restate the Fair Debt Collection Practices Act’s (FDCPA)
prohibitions and requirements. Section 2 of the guide provides a summary that
highlights the Rule’s key interpretations and clarifications of the FDCPA.
The Rule is effective November 30, 2021.