On April 7, 2021, the federal CFPB issued a Notice of Proposed Rulemaking (NPRM) to delay by 60 days the effective date of two final rules issued under the Fair Debt Collection Practices Act (FDCPA). Both debt collection rules were scheduled to become effective on November 30, 2021 and the CFPB is proposing to extend the effective date of both rules to January 29, 2022. The reasoning for the proposed delay according to the CFPB is allow stakeholders affected by the pandemic additional time to review and implement the rules.

We posted about the first of the two rules, issued in October 2020 here, and the second of the two rules, issued in December 2020 here.

The text of the April 7 proposed rule is available here.