Does the FDCPA Cover a Party That Purchases Defaulted Debt for Its Own Account?

Henry C. Kevane

Henry Kevane published this review of the issues facing the Supreme Court in Henson v. Santander Consumer USA, on appeal from the Fourth Circuit Court of Appeals. The question before the Court: Is a party that acquires defaulted debt for its own account treated as a “debt collector” or as a creditor for purposes of the Fair Debt Collection Practices Act?

Click below to read the review. Posted with permission from the ABA; all rights reserved.