Draft Carefully to Avoid the Inadvertent Discharge of your Borrower’s Supply
In Obduskey v. McCarthy & Holthus LLP, 139 S. Ct. 1029, 203 L. Ed. 2d 390 (2019) the United States Supreme Court held that a business, including a law firm, engaged in the enforcement of a security interest through nonjudicial foreclosure proceedings was not a “debt collector” for nearly all purposes under the Fair Debt Collection Practices Act (“FDCPA”) (15 U.S.C. § 1692 et seq.)