More about fair debt collection act: This is a federal law (aka. P.L. 95-109) Congress passed in 1996 to regulate collection agencies and help eliminate abusive debt collection practices that contributed to loss of jobs and invasion of privacy. If a collection agency violates any of the provisions of the law in attempting to collect a debt form a consumer, the consumer may have civil remedies available to them, including punitive damages. You may find the entire Fair Debt Collection Act on the FTC website, http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm. Created to amend the Consumer Credit Protection Act to prohibit abusive practices by debt collectors.
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.
Guru Spotlight |
Heidi Splete |