FDCPA Laws

The Fair Debt Collection Practices Act (FDCPA) was passed by Congress and is enforced by the Fair Trading Commission (FTC) to ensure fair debt collection by debt collectors. The Law has established laws to regulate these practices. Under this Act, it is imperative that bill collectors and collection attorneys comply with the rules of the FDCPA. This, along with the Fair Credit Reporting Act (FCRA), forms the regulatory body for debt collection. Many states have their own well-defined laws that you must also follow.

Laws require fair collection of debt. You are protected by the FDCPA even if you have a debt.

FDCPA laws include:

A debt collector is a person who regularly collects debts; this also applies to lawyers

The debt has to be fairly collected by them.

A debt collector can call the number agreed upon by you during the day and request payment

You should stop calling if you ask to do so in writing or after you hire a lawyer.

He can’t sue you or harass you in any way.

These laws protect you from harassment by debt collectors

You can call him at his office if you don’t know that your employer disapproves.

He must stop calling the workplace if you have asked him not to.

He can call you one more time after receiving the cease and desist letter.

A debt collector may call third parties only to obtain information about their contact details

Fair debt collection requires a debt collector to follow the laws of the FDCPA. Fair debt collection ensures consumer protection. Under this, the collector is required not to repeatedly call you at inconvenient times, harass you with abusive language, try to collect more money than the actual debt, call you at work, or threaten to garnish your wages.

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