ACA

Washington, D.C. — ACA International, a trade group representing the collections industry, has initiated legal action to counter what it perceives as excessive federal overreach. The lawsuit targets the latest rule from the Consumer Financial Protection Bureau (CFPB) that seeks to regulate medical debt collection practices. ACA International argues that the new regulations could severely impact their business operations, accusing the rule of being overly burdensome and lacking adequate justification. The CFPB’s newly finalized rule is part of a broader initiative by the Biden administration to alleviate the financial burden of medical debt on American … Read more