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Supreme Court determines foreclosing entity not ‘debt collector’
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Court Report
Monday, March 25, 2019
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After a law firm began carrying out a nonjudicial foreclosure on a Colorado home, the homeowner filed suit, alleging that the firm failed to comply with the Fair Debt Collection Practices Act. The case eventually made it before the U.S. Supreme Court, which affirmed lower courts’ rulings that a business engaged in no more than nonjudicial foreclosure proceedings is not a debt collector under the FDCPA. Read on for the court’s reasoning.
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