Supreme Court holds that nonjudicial foreclosure is not “debt collection” under the Fair Debt Collection Practices Act

Obduskey v. McCarthy & Holthus LLP, U.S., 139 S.Ct. 1029 (2019) resolved a conflict among federal courts on the question of whether those who pursue nonjudicial foreclosure of real property are “debt collectors” regulated by the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692a(6). The Court held that they are not and therefore immune for that statute’s regulatory requirements.