Oral Arguments in CFPB v. Hanna Suggest Long Road Ahead

Oral arguments on the Defendant’s Motion to Dismiss the Consumer Financial Protection Bureaus (CFPB) action against the Georgia law firm Frederick J Hanna & Associates P.C. were held on June 3rd in Atlanta.

insideARM has reviewed the 65 page transcript from the hearing. The hearing was clearly interesting for attendees with a deep legal background but, perhaps, unintelligible for the lay person in attendance. The case is highlighted by esoteric legal issues.

The stakes are high, not only for the Hanna law firm, but also any law firm that handles a high volume of consumer debt collection matters. The case should be front and center for all law firms practicing in this space.

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