CUNA, Trades Request Rehearing on appeal’s court FDCPA decision
Credit Union National Association (CUNA) joined with several financial industry associations to file an amicus brief supporting a petition for a rehearing of a lawsuit that deals with communications under the Fair Debt Collection Practices Act (FDCPA).
The organizations are seeking a re-hearing following the opinion released in the 11th Circuit Court that prohibits not only third-party debt collectors, but also the entire financial services industry from using third-party service providers which are vital to servicing loans.