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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Mike Ginsberg on the Future of Collections
5 October 2012
Fake Courtroom Debt Collector Wins Right to Fight $1.2 million Fine
4 October 2012
FDCPA Lawsuit Filings Continue Decline
3 October 2012
Improving the ARM Environment One Step at a Time
27 September 2012
Mike Ginsberg's Blog: The Current State of ARM
26 September 2012
NARCA Files Amicus Brief with U.S. Supreme Court in FDCPA Case
25 September 2012
State AG Goes After Adult Website Debt Collector
21 September 2012
ARM Industry Meeting Congress Today on FDCPA, TCPA, CFPB
20 September 2012
FDCPA Lawsuits Fall Slightly in Second Half of August
20 September 2012
FTC to Hold Summit on "Robocalls"; They Might Need Some Help
19 September 2012
ACA Submits Amicus Brief to Supreme Court in Important Debt Collection Case
18 September 2012
Mike Ginsberg's Blog: The History of the ARM Industry
18 September 2012
Debt Collectors Prevail in Recent FDCPA Cases
18 September 2012
AG Staff Asks for ARM Industry Help Identifying Rogue Collectors
13 September 2012
Closely-Watched Debt Collection Process Serving Case Gets Class Action Status
12 September 2012
Collection Practices Lead to $13 million Penalty Against CashCall
11 September 2012
Debt Buyer/Collector Settles Class Action for $575,000
10 September 2012
What Challenges and Opportunities Lie Ahead for ARM?
10 September 2012
FDCPA Lawsuits Fall Slightly in First Half of August
4 September 2012
Student Loan ARM Firm Loses Debt Collection Letter Appeal
31 August 2012