This panel will discuss the necessary components of an FDCPA-compliant validation notice (also referred to as a “1692g” notice or more simply, a “g” notice). We will address the statutory requirements and the evolving case law that has complicated the way debt buyers and debt collectors craft their notices. We will also discuss the kinds of disclosures that have to appear in the debt validation notice or other written communications, including disclosures related to the statute of limitations and fluctuating account balances. The panel will outline some risk management techniques in the context of letter writing and make practical recommendations for how to avoid compliance pitfalls.
Thursday Jan 31, 2019