Consumer credit counseling agencies are on the front lines of helping consumers in financial distress. From state debt adjusting statutes to credit services organization acts, state consumer credit administrators enforce a number of laws and regulations that may cover credit counseling agencies. In addition, credit counseling may be regulated pursuant to other state and federal laws and regulations (e.g., regulations enforced by the CFPB, FTC, IRS, DOJ, and HUD). Learn how credit counseling agencies assist consumers and navigate the regulatory landscape, new state law developments, the outlook for enforcement, and strategies to help state regulators and credit counseling agencies work together.
This panel session with the Association of Credit Counseling Professionals (ACC Pros) and National Association of Consumer Credit Administrators (NACCA) will include presentations and opportunities for Q&A from a panel of state regulators and counseling agencies.
Moderator
Jonathan Pompan, Esq., Partner, Venable LLP
Panelists
Leslie Pettijohn, Commissioner, Texas Office of the Consumer Credit Commissioner
Preston Cochrane, President, AAA Fair Credit Foundation
Judy Sorensen, VP, Consumer Credit and Budget Counseling, d/b/a National Foundation for Debt Management
Mark Tarpey, Supervisor, Consumer Credit Division, IN Dept. of Financial Institutions