Law360's Evan Weinberger reports here (behind paywall). The case will decide whether debt buyers that don't have debt collection as their principal purpose, because, as in Santander's case, the debt buying unit is part of a multipurpose financial institution, are covered by the FDCPA. If the debt buyer wins, will we see debt buyers join with other financial institutions to evade the FDCPA's restrictions?
Consumer Litigation, Debt Collection, U.S. Supreme Court
SCOTUS to Hear Oral Arguments Today in Henson v. Santander, FDCPA Case
