shape
shape
shape
shape
shape
shape
16 March 2023 / Donald A. Mausar

Shareholder Don Mausar Featured in IACC Scope News

CLEVELAND - Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm with over 92 years of client service, is pleased to announce that shareholder Don Mausar was featured in the International Association of Commercial Collectors Inc. (IACC) Scope News article titled, How the CFPB, Reg F and Commercial Collection Strategies Intersect...
 
In a session at IACC’s 2023 Annual Convention in January, attorney and shareholder Donald A. Mausar, Esq. with Weltman, Weinberg & Reis Co., L.P.A., highlighted how the distinction between commercial debt and consumer debt is slowly eroding.

Many IACC members were concerned last year when both Congress and the Consumer Financial Protection Bureau indicated that they would like to see the scope of the Fair Debt Collection Practices Act expanded to cover commercial debt collection. While the legislation introduced in Congress, the Small Business Fair Debt Collection Protection Act, did not advance, it could still resurface. Additionally, the Consumer Financial Protection Bureau has said that small businesses in collections should be protected under the FDCPA. 

“There is legislation potentially brewing trying to make small business debt covered by the Consumer Financial Protection Bureau, and if so, up to what dollar amount?” Mausar said. “There’s this loose discussion it could be up to $2 million. And if that’s the case, it affects every single person [in IACC].”

Read the full article by visiting the IACC website here. If you have additional questions about this topic, feel free to contact Don at any time.

Related News

Insights / 21 May 2025

Romance Scams Often Follow a Typical Playbook

An attractive stranger with a fake name and profile photo reaches out online and strikes up a connection. They send messages daily. They quickly profess their love for you. They build up a sense of trust. Then, their trap is set.
Read More
News / 15 May 2025

Weltman Welcomes Attorney Ryan Valdez to the Chicago Office

Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm with over 95 years of client service, is pleased to announce the addition of attorney Ryan Valdez to the firm's Chicago, IL office.
Read More
Insights / 8 May 2025

From Buckeye to Sunshine State: Why I Took the Florida Bar After Practicing in Ohio

Attorney Sharon Miller, practicing in Weltman's Bankruptcy Group, is dedicated to helping clients navigate the complexities of bankruptcy recovery as part of Weltman's accomplished legal team. Now, she's sharing her experience after recently passing the Florida bar exam!
Read More

Join Our Email List

Get the latest articles and news delivered to your email inbox!
Subscribe

Contact Don

Donald A. Mausar

Shareholder
Contact

Join Our Email List