U.S. Supreme Court Speaks: Henson v. Santander
ABA’s Consumer Financial Services Committee
Monthly Call-In Program
On Monday, June 12, 2017, the U.S. Supreme Court ruled in a unanimous decision that a purchaser of a defaulted debt who then seeks to collect the debt for itself is not a “debt collector” subject to the federal Fair Debt Collection Practices Act. The consumer was supported by nearly 30 attorneys general and several consumer advocacy groups as amici curiae, who warned such a decision would exempt the debt purchasing industry from FDCPA claims.
On Wednesday, June 14, Kelly Lipinski (Cleveland) participated in a panel of attorneys discussing the impact of Henson on consumers and the receivables management industry during the ABA’s Consumer Financial Services Committee’s Monthly Call-In Program.