To amend the Fair Debt Collection Practices Act to exclude law firms and licensed attorneys who are engaged in activities related to legal proceedings from the definition of a debt collector, to amend the Consumer Financial Protection Act of 2010 to prevent the Bureau of Consumer Financial Protection from exercising supervisory or enforcement authority with respect to attorneys when undertaking certain actions related to legal proceedings, and for other purposes.
Practice of Law Technical Clarification Act of 2018
This bill amends the Fair Debt Collection Practices Act to exclude from the definition of "debt collector" any law firm or licensed attorney engaged in litigation to collect a debt on behalf of a client, if such legal action complies with applicable rules of civil procedure.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 35 - 25.
Reported by the Committee on Financial Services. H. Rept. 115-892.
Reported by the Committee on Financial Services. H. Rept. 115-892.
Placed on the Union Calendar, Calendar No. 690.
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