 |
 Debt - Debt can be quite messy & confusing, so we've tried to find the best sources for consolidating debt loans, credit card, relief & cures, bad credit consolidation in LA, & counselling to name a few.
|
|
|
|
|
Fair Debt Collection Practices Act (FDCPA) is a United States statute added in 1978 which purposes are to eliminate abusive practices in the collection of consumer debts.
|
Fair Debt Collection Practices Act
Also known as FDCPA 15 U.S.C. § 1692 et seq., is a United States statute added in 1978 as Title VIII of the Consumer
Credit Protection Act. Its purposes are to eliminate abusive practices in the collection of consumer debts, to promote
fair debt collection and to provide consumers with an avenue for disputing and obtaining validation of debt information
in order to ensure the information's accuracy. The Act creates guidelines under which debt collectors may conduct
business, defines rights of consumers involved with debt collectors, and prescribes penalties and remedies for
violations of the Act. It is sometimes used in conjunction with the Fair Credit Reporting Act.
|
|
|
FDCPA
|
The Fair Debt Collection Practices Act broadly defines a debt collector as "any person who uses any instrumentality of
interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who
regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due
another." 
|
|
|
|
|
The most relevant links we could find, placed here free |
 Wikipedia
- Additional information about the Fair Debt Collection Practices Act. en.wikipedia.org
Federal Trade Commission
- Official website of the Federal Trade Commission. Check more about the FDCPA, also notices. www.ftc.gov
Expert Law
- More about the Fair Debt Collection Practices Act (FDCPA). www.expertlaw.com
FDIC
- FDIC law, regulations, related acts, consumer protection. www.fdic.gov
|
|
|
Federal Fair Debt Collection Practices Act
|
The FDCPA applies to personal, family, and household debts, including debts associated with the purchase of a car, for
medical care, for retail financing, for first and second mortgages, and for money owed on credit card accounts. Please
note that most states have similar laws, which typically proscribe the same types of misconduct by debt collectors and
which may cover a broader range of debts than the federal law.
The act regulates the conduct of debt collectors: any
person who regularly collects debts owed to others. This definition includes lawyers who perform debt collection
services on a regular basis. Even where money is legitimately owed, a debt collector's conduct is restricted by this
law.
|
Sources for the FDCPA Content |
On the Federal Trade Comission website you can find notices, and a PDF file with the full content of the Fair Debt Collection Practices Act.
Click here to see the PDF file
(need Abobe Acrobat Reader or other PDF file reader).
You could also read it on your browser, by section, from the site of the Federal Deposit Insurance Corporation (FDIC).
|
|
Debt Home
Back
A-Z Index