Second Circuit Confirms Debt Collectors Need Not Provide Detailed Disclosures About Interest And Fees Under The FDCPA

Over the last week, the Second Circuit issued two opinions (Kolbasyuk v. Capital Management Services, LP, No. 18-1260, and Corwise v. FMS Investment Corp., No. 18-1292) that clarify a debt collector's obligations under the Fair Debt Collection Practices Act ("FDCPA") when a debt is accruing interest or fees.