Ballard Spahr and Bridgeforce Launch Joint Collections Initiative
Ballard Spahr and Bridgeforce Launch Joint Initiative to Help Clients Navigate New Debt Collection Regulations
Financial institutions will soon find themselves governed by new rules mandated by the Consumer Financial Protection Bureau. Such regulations are set to change the debt collections process, requiring the industry to substantially modify their existing communications methods and adjust their operating models. By teaming up, Ballard Spahr and Bridgeforce can help clients redesign their systems, policies, procedures and compliance monitoring so that they are tailored to the new CFPB rules.
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