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Bulletin 2022-04: Mitigating Harm from Repossession of Automobiles, 87 Fed. Reg. 11,951 (Mar. 3, 2022)

Available in the following formats:

87-FR-11951-Mar-3-2022.pdf

Primary source type

Issued:

Date

2022

Description

The Consumer Financial Protection Bureau (Bureau or CFPB) is issuing this Compliance Bulletin regarding repossession of vehicles, and the potential for violations of sections 1031 and 1036 of the Dodd-Frank Wall Street Reform and Consumer Protection Act’s (Dodd-Frank Act’s) prohibition on engaging in unfair, deceptive, or abusive acts or practices (collectively, UDAAPs) when repossessing vehicles.

Related NCLC Treatise:

Repossessions

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Federal Deception & Abuse Law

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Unfair and Deceptive Acts and Practices

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