SACRAMENTO, Calif. — On April 29, 2021, the Department of Financial Protection and Innovation announced the formal establishment of its inaugural Debt Collections Advisory Committee, a seven-member board that will provide critical feedback to the Department as it establishes of its debt collection licensing program. The committee will advise Commissioner Clothilde V. Hewlett on issues related to debt collection activities, including proposed fee schedules and other requirements.
Committee members were appointed by former Commissioner Alvarez for two-year terms pursuant to Section 100025 of the Financial Code of Debt Collections Licensing Act (DCLA).
Committee members represent a diverse cross-section of stakeholders; five are industry representatives, one is a consumer advocate, and one is a professor of law and economics who studies industry. The committee includes the following members:
- Elizabeth Gonzalez, Public Advisor
- Scott Hyman, Severson and Werson
- Mark Naiman, ITP MDR, LLC
- Cindy Yaklin, States Recovery Systems Inc.
- Tamar Yudenfreund, Midland Credit Management
- Ohad Samet, TrueAccord Corporation
- Prasad Krishnamurthy, UC Berkeley School of Law
The next committee meeting will be held virtually on July 27, 2022 at 2:00 p.m. PST This meeting will be open to the public and led by Senior Deputy Commissioner Suzanne Martindale and Deputy Commissioner Melinda Lee.
- Program update
- Round table
- Public Comment
*DFPI will not be able to comment on pending regulations, but appreciates feedback and also encourages discussion of potential future regulations.
Zoom webinar information
To join from PC, Mac, Linux, iOS or Android, please click on the link below:
Audio call information will be available on the DFPI Debt Collection Advisory Committee (https://dfpi.ca.gov/debt-collection-advisory-committee/) when the webinar goes live at 2:00 p.m. no longer to be displayed during the event.
If you have any questions or need to request modifications or reasonable accommodations related to disability, please contact Ryan Rodriguez at [email protected]