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Consumer Law

Law Firm Engaged Only in Nonjudicial Foreclosure Proceedings Is Not a Debt Collector

A law firm hired to pursue a nonjudicial foreclosure under Colorado law was not a “debt collector” under the Fair Debt Collection Practices Act (FDCPA), the U.S. Supreme Court ruled unanimously today in Obduskey v. McCarthy & Holthus LLP. The decision, however, expressly leaves open the question of whether the FDCPA applies to judicial foreclosures.

Read the source article at Legal News & Business Law News

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