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The American Hospital Association wants the federal Consumer Financial Protection Bureau to know that medical debt is unlike other consumer debt and should be treated differently.
Since November the CFPB has sought comment on a wide range of issues concerning consumer debt collection in preparation for writing new rules to govern the accounts receivable management industry. That comment period closed Friday, and the AHA was one of the many industry groups to submit comments.
In its request for public comment published in November, CFPB asked to hear from the public about debt collection practices. “Debt collection affects a significant number of consumers and the Bureau is considering proposing rules relating to debt collection,” the CFPB writes. “Therefore, the Bureau is interested in learning through responses to this advance notice of proposed rulemaking (ANPR) about the debt collection system, about consumer experiences with the debt collection system, and about how rules for debt collectors might protect consumers without imposing unnecessary burdens on industry.”
Telephone: 678-682-3680 Location: 2250 Satellite Blvd. , Suite 110, Duluth, GA 20097
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