New York City Finalizes Expanded Debt Collection Rules Covering Original Creditors and Third-Party Collectors

The New York City Department of Consumer and Worker Protection (NYC DCWP) has adopted a comprehensive set of amendments to its debt collection rules, effective September 1, 2026. The final rule clarifies that New York City’s consumer protection framework applies not only to traditional third‑party debt collectors and debt buyers, but also to original creditors once they engage in defined “debt collection procedures.”... By: Troutman Pepper Locke