All You Need to Know About the Fair Debt Collection Practices Act but Didn't Know to Ask
Make sure your team stays compliant in collection efforts with insights on litigation and collection rules.
This material will help you gain a full understanding of the reach of the Fair Debt Collection Practices Act, a Federal consumer protection law that regulates the collection of consumer debts by third persons, including debt collection attorneys. This material will explain the history of the FDCPA and will explore in detail the regulatory requirements imposed by the Act. The material will delve into case decisions interpreting the FDCPA’s conduct relating provisions prohibiting false, deceptive and misleading representations, harassment or abuse of debtors and unfair or unconscionable debt collection practices. The topic will also discuss the right of the consumers to bring an action in Federal Court under the FDCPA and what remedies are available under the Act.
• You will be able to recognize the kind of debts which are subject to the Fair Debt Collection Practices Act.
• You will be able to describe the mandatory written disclosures that debt collectors must send to consumers.
• You will be able to identify the elements of the FDCPA’s bona fide error defense.
• You will be able to explain the three prongs of regulatory compliance embodied to the Fair Debt Collection Practices Act.