High Court Brief Shows CFPB, FTC Want To Shape Laws

Law360, New York (August 16, 2012, 10:01 PM EDT) -- The Consumer Financial Protection Bureau and the Federal Trade Commission on Thursday urged the U.S. Supreme Court to shield consumers from paying debt collection agencies' costs in Fair Debt Collection Practices Act suits, a move attorneys say demonstrates their commitment to shaping the legal interpretation of the consumer protection laws they enforce.

In an amicus brief, the two agencies and the U.S. Department of Justice protested the Tenth Circuit's affirmation of a costs award to debt collection agency General Revenue Corp. The Tenth Circuit found that...
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