In this past term, the United States Supreme Court took action on several cases that may significantly shape bankruptcy and/or insolvency law. Notably, the Supreme Court handed down another significant decision concerning the Fair Debt Collection Practices Act (FDCPA) (15 U.S.C. § 1692–1692p) that will influence the application of that law: Obduskey v. McCarthy & Holthus LLP, (2019). In Obduskey, the Court held that a business engaged in a nonjudicial foreclosure proceeding is not a “debt collector” under the FDCPA.
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