Banking Law

Not a Debt Collector

March 22, 2019

Clair Law is not a "Debt Collector" when representing financial institutions in foreclosure actions.
The United States Supreme Court on March 20, 2019 ruled unanimously in the case of Obduskey v. McCarthy & Holthus LLP that a business engaged only in nonjudicial foreclosure proceedings is not a "debt collector" under the Fair Debt Collection Practices Act.