Financial Services Law: Supreme Court opens door (a bit) to argument that in rem foreclosures not covered by FDCPA

Supreme Court opens door (a bit) to argument that in rem foreclosures not covered by FDCPA

Monday, April 1, 2019

by Nelson Reid

On March 20, 2019 in Obduskey v. McCarthy & Holthus LLP, a unanimous U.S. Supreme Court held that the primary definition of a “debt collector” under the Fair Debt Collection Practices Act (FDCPA) does not apply to an entity that engages in no more than security-interest enforcement. As a result, most of the debt-collector-related prohibitions of the FDCPA (besides the limited prohibitions of Section 1692f(6)) do not apply to such an entity.