The CFPB Advising The Court That Its Medical Debt Advisory Opinion Will Be Withdrawn

Medical debt collectors and debt buyers have been on uncertain terrain ever since the October 2024 CFPB Medical Advisory Opinion. That wrong minded Opinion created new, illegal, and operationally onerous requirements when collecting medical debt.

In response to 2 lawsuits that were filed in Washington D.C. federal court, one being prosecuted by The Sessions Firm, the CFPB advised the parties on April 11 that the Bureau “is planning to revoke the [medical] Advisory Opinion.” This representation will be made to the federal judge in a joint filing by the parties.

Though it may take 90 days+ for the Advisory Opinion to be formally withdrawn, with this Bureau court filed confirmation, medical debt collectors and debt buyers are now able to continue business as usual – no more threat that the medical Advisory Opinion will used offensively by the CFPB. With the withdrawal, plaintiff’s attorneys should have no standing to make claims against medical debt collectors using the soon be formally defunct opinion.