Articles — CDC Eviction Moratorium

I just have a brief update today, but potentially an important one. The Bureau of Consumer Financial Protection has issued a new rule that puts a new obligation on landlords, attorneys, and collection agencies seeking to evict or collect debts from tenants. The rule amends the Fair Debt Collection Practices Act, which applies to “debt collectors”. You can read the new rule and all the commentary on it here and can find a fact sheet on it here. DEFINITIONS OF “DEBT” AND “DEBT COLLECTOR” Under the FDCPA, “debt” is defined as “any obligation or alleged obligation of a consumer to pay...

The last two weeks have been like a bar fight for landlords. Sucker punch from the Governor, jab from the Kentucky Supreme Court, and now a right hook from the President. It’s all enough to make rental owners want to throw in the towel and sell their properties. For those of you hanging in there, here’s the latest: On Tuesday the Center for Disease Control issued an administrative regulation, which has the effect of law, banning certain evictions for the remainder of 2020. The stated purpose for the order is to prevent the spread of COVID-19, and it’s based on a...