The Fair Debt Collection Practices Act (FDCPA) was enacted in 1977 to protect consumers from abusive, unfair, and deceptive practices by third-party debt collectors. The law details when and how a collector may contact a debtor. The government enforcer of the law has historically been the Federal Trade Commission (FTC), but some regulatory duties may be shared with the Bureau of Consumer Financial Protection housed within the Federal Reserve, created in 2010. The FDCPA is a strict civil liability law, which means that a consumer need not prove actual damages in order to claim statutory damages of up to $1,000 per violation plus reasonable attorney fees.
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Appeals Court Places Debt Collection Liabilities Under FDCPA on Creditor
14 November 2013
CFPB Director Cordray: Debt Collection Information is a Top Concern
13 November 2013
Bankruptcy FDCPA Case Dismissal Upheld on Appeal
11 November 2013
Consumer Complaint Data Shows Possible (and Preventable) UDAAP Issues
11 November 2013
Collection Industry Gears Up to Engage CFPB on Rulemaking
8 November 2013
CFPB Releases Debt Collection Complaints Data, and Here It Is
6 November 2013
CFPB Begins Rulemaking Process for Debt Collection Industry
5 November 2013
Compliance Headaches Shifting to TCPA as Environment Changes
5 November 2013
FDCPA Reform Bill Introduced in House; Focuses on Time-Barred Debt
4 November 2013
Top Predictions for the ARM Industry
1 November 2013
Homepage Poll: Damages Caps on TCPA Lawsuits?
31 October 2013
FOX News is Now Throwing Debt Collectors Under the Bus
30 October 2013
Original Intent of the TCPA Has Been Perverted: U.S. Chamber Paper
29 October 2013
FTC Has Court Shut Down Collector of Fake Payday Loan Debts
24 October 2013
TCPA Lawsuits Really Are Growing Compared to FDCPA Claims
22 October 2013
Free Webinar Looks at Consumer Complaint and Dispute Resolution
18 October 2013
Industry Attorneys Will Answer All of Your Voicemail/TCPA/Text Messaging Questions
18 October 2013
FDCPA Adds Unnecessary Layers of Collection Rules to Attorneys: Legal Panel
18 October 2013
"Precollect" Causes FDCPA Heartburn for Collectors and Creditors
17 October 2013
CFPB Provides Guidance on Mortgage Servicing Rules Under FDCPA
16 October 2013