The FDCPA applies only to the collection of debts incurred by a consumer primarily for personal, family, or household purposes. As a public service, Federal Trade Commission (FTC) staff have prepared the following full text of the Fair Debt Collection Practices Act. This subchapter can be cited as the Fair Debt Collection Practices Act. Under the FDCPA, you have important rights in relation to your credit card debts, car loans, medical bills, student loans, mortgages, and other household debts.
The FDCPA doesn't cover business debts. The FDCPA only applies to third-party debt collectors, such as those who work for a debt collection agency. The law covers credit card debt, medical bills, student loans, mortgages and other types of family debt. Perhaps most importantly, however, the FDCPA establishes ethical guidelines for the collection of consumer debts.
The FDCPA provides debtors with a means to challenge payment demands and to determine the validity and accuracy of payment claims. declared debts. The FDCPA also states, for example, that debt collectors cannot harass or annoy debtors, cannot threaten debtors with arresting them, and cannot threaten legal action unless litigation is actually being contemplated. If the FDCPA is violated, the debtor can sue the debt collection company, as well as the individual debt collector, for damages and attorney's fees.
The Fair Debt Collection Practices Act (FDCPA) is a federal law that limits what debt collectors can do when they attempt to collect certain types of debts. The FDCPA prohibits debt collection companies from using abusive, unfair, or deceptive practices to collect your debts. However, some states, such as California, have enacted consumer protection laws that provide broader coverage than the FDCPA, and may include the conduct of the original creditor in their scope. The FDCPA even gives debtors the right to require that the outside collector cancel all other communications, but the demand must be made in writing.
The Fair Debt Collection Practices Act (FDCPA) is part of the federal Consumer Credit Protection Act and offers a level of protection to consumers from debt collection companies. Any debt collector covered by the FDCPA who contacts you regarding a debt must provide you with certain information about it. The FDCPA prohibits third-party debt collectors from contacting a debtor directly if they know that the debtor is represented by an attorney. The Fair Debt Collection Practices Act (FDCPA) is a federal law that limits the actions of outside debt collectors who attempt to collect debts on behalf of another person or entity.
The FDCPA creates a structure within which debt collectors can work in an attempt to make debt collection a fair and non-aggressive process. First, the FDCPA generally only applies to third-party debt collectors; the legal scheme was not intended to cover the conduct of original creditor.
