THIS PETITION SEEKS THE WHITE HOUSE TO CREATE REGULATION THROUGH THE CONSUMER PROTECTION AGENCY TO REQUIRE NOTIFICATION TO THE CONSUMER OF ANY DEBT TRANSFERS OR ASSIGNMENTS BY A DEBT HOLDER 45 DAYS PRIOR TO THE TRANSFER AND NOTIFICATION BY THE ACQUIREE THAT THE CONSUMER DEBT HAS BEEN TRANSFERRED OR ASSIGNED. THIS REGULATION SHALL EXTEND NOTIFICATION REQUIREMENTS TO ALL CONSUMER DEBT THAT PRESENTLY EXIST FOR MORTGAGE DEBT.



