The Kaplan Group

OCTOBER 19, 2020

FDCPA ( Fair Debt Collection Practices Act). The Fair Debt Collection Practices Act (FDCPA) is a federal law that restricts the behavior of collection agencies when they are attempting to collect money from individuals. You can learn more about involving the courts in debt collection here.

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Sawin & Shea

JULY 20, 2022

The majority of lawyers who collect debts on behalf of their clients are also considered “debt collectors” under federal law. In this blog, we discuss what debt collectors in Indiana can and cannot do according to the law. When Are Debts Covered By the Law? False Statements. Unfairness.

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Collection Industry News

JUNE 16, 2023

While there is no specific federal law like the Fair Debt Collection Practices Act (FDCPA) that governs commercial debt collection practices, there are still legal considerations and regulations that collectors should be aware of. This involves filing a lawsuit and seeking a judgment from a court.

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Troutman Sanders

MARCH 12, 2025

Civil Complaint Administration, Pacific Billing Solutions, Cornerstone Legal Group, LLC, and their operators engaged in a fraudulent scheme to deceive consumers into paying debts they did not owe. The FTC’s complaint , filed on February 24, 2025, alleges that Blackrock Services, Inc., along with Liberty Credit Management, Inc.,

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Payment Savvy

NOVEMBER 30, 2021

In 2020, the Consumer Financial Protection Bureau (CFPB) published two rules which implement the Fair Debt Collection Practices Act (FDCPA). Suppose your company works in the field of debt collecting, such as third-party debt collection firms , collection attorneys, debt buyers, or defaulted mortgage servicers.

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Taurus Collect

MAY 11, 2023

If the court rules in favour of the creditor, wage garnishment or bank account levies may be put in place to collect the debt. However, it is important to note that there are laws and regulations that govern the debt collection process to protect both parties involved.

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Better Credit Blog

APRIL 1, 2022

The Federal Trade Commission or FTC enforces these rules, collectively known as the Fair Debt Collection Practices Act and prevents debt collectors from harassing you. Therefore, if you’re contacted by a debt collector, simply state that you understand your rights under the Fair Debt Collection Practices Act.

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National Service Bureau

AUGUST 19, 2015

Some of the laws and organizations that govern and oversee these interactions are the Consumer Financial Protection Bureau (CFPB), the Fair Debt Collection Practices Act (FDCPA), and the Fair Trade Commission (FTC).

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The McHughes Law Firm

AUGUST 29, 2016

When you work with a debt collection attorney, the majority of funds collected still end up back in your ledger. 5: Debt Collectors Hound Debtors and Make Threats. Debt collection is governed by the Fair Debt Collection Practices Act , which has specific guidelines for contacting debtors.

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Collection Industry News

JUNE 1, 2023

Regulatory Changes: The debt collection industry is heavily regulated, and changes in regulations often shape its landscape. Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery.

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Better Credit Blog

SEPTEMBER 8, 2020

Northland Group collects for businesses in a few industries, such as: Auto loans. Government. collecting on debts that the company buys. These companies swoop in to purchase your debt at discounted rates, profiting when you make a payment. They might even threaten to garnish your wages, depending on where you live.

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Troutman Sanders

DECEMBER 20, 2022

On December 15, the Office of the Comptroller of the Currency, along with the Federal Financial Institutions Examination Council, released revised procedures for how its examiners will investigate financial institutions for Fair Debt Collection Practices Act compliance, incorporating Regulation F changes into their review.

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Account Recovery

NOVEMBER 27, 2024

As you may know, there are two FDCPAs — the Fair Debt Collection Practices Act and the Federal Debt Collection Procedures Act. The FDCPA, which aims to establish uniform nationwide procedures for collecting debts owed to the federal government, may thus override Kansas law in this situation.

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Collection Industry News

SEPTEMBER 8, 2020

THE Fair Debt Collection Practices Act (FDCPA) is a federal law that was enacted in 1978 by the United States Congress to protect consumers from abusive debt collectors. Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. L) Using a false name.

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