The Acting Director of the CFPB asserted on Wednesday that the Bureau will be "prioritizing" rulemaking and enforcement actions based on consumer complaints. In 2016, nearly one-third of all consumer complaints reported to the CFPB related to debt collection. Although the prospect of new debt collections rules sounds irritating, it may in fact be a blessing in bureaucratic disguise. The Fair Debt Collections Practices Act (FDCPA) is antiquated and unfit for modernity – there wasn't an internet for you to even read this post when the FDCPA went into effect! In other words, the rules on debt collection need to be rewritten to reflect society as it exists today. And, if we're going to get new rules, which would you prefer: (1) a set of potentially prohibited practices cobbled together from facts outlined in enforcement actions; or, (2) clear guidance derived from a rulemaking process?