CFPB Issues Bulletin to Address Unfair Billing and Collection of Student Loans After Bankruptcy Discharges

The Consumer Financial Protection Bureau is taking action against servicers that improperly continued to bill and collect payments on student loans after a borrower's bankruptcy discharge, violating the Consumer Financial Protection Act's prohibition on unfair, deceptive, or abusive acts or practices.

Original source language: Federal Register — Consumer Financial Protection BureauOpen original release →

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