Remove Garnishment Remove Government Remove Third-party Debt Collectors
article thumbnail

Dealing with Debt Collectors

Debt Free Colorado

Debt collectors and collection agencies are subject to the Colorado Fair Debt Collection Practices Act (CFDCPA). The CFDCPA does not apply to anyone who collects their debts or government personnel in the United States. Consumer credit transactions are governed by the UCCC, which is a code of conduct.

article thumbnail

Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. It applies to only external or third-party debt collectors and only for personal debts. It does not come into play for creditors collecting their own debts.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Fair Debt Collection Practices Act (FDCPA)

Better Credit Blog

Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. What you may not know is that you are protected by the Fair Debt Collection Practices Act (FDCPA), a law designed to keep third-party debt collectors in check when they contact you.

article thumbnail

Importance Of Outsourcing Debt Collection Services

Taurus Collect

Discuss How an Experienced Debt Collector Can Increase a Business’s Chances of Recovering Unpaid Debts Having an experienced debt collector on your team can drastically increase your chances of recovering unpaid debts. Experienced collectors are well-versed with these laws, ensuring compliance at all times.