This Rule establishes procedures and criteria whereby states may apply to the Consumer Financial Protection Bureau (CFPB) for exemption of a class of debt collection practices within the applying state from the provisions of the Fair Debt Collection Practices Act (FDCPA) as provided in section 817 of the Act, 15 U.S.C. 1692. The information collection addresses the state application for exemption from the provisions of FDCPA as contained in 12 CFR 1006.2.
US Code:
15 USC 1692
Name of Law: Fair Debt Collection Practices Act
The agency is requesting OMB approval for an existing information collection that had not previously been approved. There are no program changes or adjustments to the burden associated with this collection.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.