Financial Services Industry Braces for Impact of Eleventh Circuit's Hunstein Decision
By EsqSocial Corporation 28/04/21
In a first-of-its-kind ruling, the U.S. Court of Appeals for the Eleventh Circuit may have upended the long-standing and rather routine business practice of financial services companies using third-party vendors to manage, service and collect on outstanding debt. If left unchecked, the opinion will significantly broaden the scope of the Fair Debt Collection Practices Act…...
By: Holland & Knight LLP