Can The CFPB Make Debt Collectors Reveal Their Attorney-Client Privileged Documents?
FDCPA Defense
FEBRUARY 20, 2012
Does the Consumer Financial Protection Bureau (CFPB) have the power to tell debt collectors to turn over their attorney-client privileged communications? The answer may depend on who you ask. The CFPB claims to have the right to obtain privileged documents from all “supervised institutions” as well as from any “service provider” (such as a law firm or collection agency) who performs material services for a supervised institution.
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