The Consumer Financial Protection Bureau is a department of the US Government that handles consumers’ rights and protection against illegal activities. It’s a moderately recent addition to the US Government. It was founded in 2011 in the wake of the 2007-2008 great recession.
The Consumer Financial Protection Bureau is currently an independent agency. It was established by Elizabeth Warren, a senator of Massachusetts.
What Does the Consumer Financial Protection Bureau Regulate?
The Consumer Financial Protection Bureau helps consumers maintain their rights, including FDCPA rights. The Consumer Financial Protection Bureau deals primarily with debts regarding student loans, mortgages, and credit card debt. You can also report FDCPA violations to the Consumer Financial Protection Bureau so the agency can investigate any claims of harassment.
The Consumer Financial Protection Bureau is not the only resource on your site to help stop third-party debt collection harassment. An attorney can help you as well.
Speak with a Qualified Attorney Today
An attorney is often the best resource in your arsenal when dealing with harassment from collection agencies. An FDCPA attorney can help you determine if your rights have been violated, what you’re entitled to in damages, and when you should start your claim. Best of all, once you start working with an attorney, a collector can no longer contact you.