FTC, DOJ and CFPB File Amicus Brief in Support of Debtors Ability to file Lawsuits without Recourse of Costs

Washington DC – August 20, 2012 – In a showing of support to borrowers and attorneys who would wish to file lawsuits against creditors or collectors without having to bear the cost of defenses in the event of their cases being dismissed, the Federal Trade Commission, the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) have filed an amicus brief (friend of the court) in an attempt to overturn a 10^th Circuit Supreme Court Decision.

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