United States:
CFPB Set To Hold Public Hearing On Medical Debt Collection In OKC
10 December 2014
Troutman Pepper Hamilton Sanders
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The Consumer Financial Protection Bureau has announced that it will hold a field hearing on
medical debt collection in Oklahoma City, Oklahoma on December 11
at 11:00 a.m. CST.
According to the CFPB, the hearing will feature remarks from
CFPB Director Richard Cordray, as well as testimony from consumer
groups, industry representatives, and members of the public.
The hearing is open to the public, but registration is required.
The hearing also will be streaming live on the CFPB's blog.
To date, the CFPB has excluded the regulation of medical debt
from much of its work, and there remains some question of whether
medical debt falls within the Bureau's scope under the
Dodd-Frank Act.
You can follow the Consumer Financial Services Law Monitor for
updates on this and other related news.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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