Remove Fair Debt Collection Remove Legal Rights Remove Trade
article thumbnail

What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

Two important statutes for all businesses to be aware of are the Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA). Fair Debt Collection Practices Act. Had actual knowledge that the right did not exist. Section 559.77 Bank Nat’l Ass’n, 245 F.

article thumbnail

Does Paying Off Collections Improve Your Credit Score?

Credit Corp

It’s important you know your debt collection rights and how a debt collection agency is legally allowed to handle your accounts and communicate with you. Harass or abuse : Collection agencies can’t yell at you, threaten violence, or use obscene language.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB Acting Director Uejio And FTC Acting Chairwoman Slaughter Issue Joint Statement On Preventing Illegal Evictions

Collection Industry News

Consumer Financial Protection Bureau Acting Director Dave Uejio and Federal Trade Commission Acting Chairwoman Rebecca Slaughter issued a joint statement regarding their agencies’ work to help stop illegal evictions and protect American consumers facing economic hardship due to COVID-19. WASHINGTON , DC (March 29, 2021) —.

article thumbnail

How Long Before Debt Collectors Sue? The Statute of Limitations on Debt

Credit Corp

This guide will shed light on debt collector lawsuits, how soon they can happen, how they affect your credit, and—most importantly—how to avoid them altogether. Be sure to also familiarize yourself with the Fair Debt Collection Practices Act so you’re aware of your rights.