CFPB Uses Old Strategy In Robocall Debt Collection Case
By Evan Weinberger (April 13, 2015, 3:29 PM EDT) -- The Consumer Financial Protection Bureau's claims against payment processors in a recent debt collection case drew the ire of critics who compare the action to the Justice Department's Operation Choke Point, but attorneys say there are key tactical differences and the action's targeting of a telemarketing firm is where it truly breaks new ground.
The CFPB's complaint in the federal district court in Atlanta named several payment processors and Global Connect LLC, a telemarketing firm that allegedly broadcast the debt collectors' unlawful collection robocalls, alongside the collectors themselves.
This action drew drew howls from Choke Point opponents, who said the bureau...
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