Debt collectors are regulated by the FTC on the federal level. At the state level, attorneys general are typically responsible for enforcing state and federal laws. A few local governments also separately regulate debt collectors. The laws that govern the ARM industry are civil, meaning that liability is almost always monetary. So a state’s attorney general will not file criminal charges against a debt collector accused of violating the law, rather, he/she will sue for damages. Collection laws include federal and state statutes that govern the proper operation of companies and personnel that work in the debt collection industry. The most comprehensive collection law is the Fair Debt Collection Practices Act (FDCPA). Other federal laws that collectors must follow include the Fair Credit Reporting Act (FCRA), the Telephone Consumer Protection Act (TCPA) and the data security requirements of the Gramm–Leach–Bliley Act (GLBA).
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Court Sides With Collector on Out-of-Stat Disclosure
7 June 2017
Motions for Summary Judgment Denied in Case of Collection Letter That Failed to State Interest Would Accrue
6 June 2017
LiveVox Discusses the Latest Regulatory and Legal Developments at First Party Summit 2017
6 June 2017
Are Significant Changes To Class Actions On The Horizon? (Part One)
6 June 2017
Collection Letter That Failed to State Interest or Fees No Longer Accruing Does Not Violate FDCPA
5 June 2017
"Ringless Voicemail" Petition at FCC: Another Factor to Consider in TCPA Compliance
5 June 2017
Bock v. Pressler Returns; Court Rules Again for Plaintiff
1 June 2017
No Documented Procedures, No Bona Fide Error Defense
18 May 2017
U.S. Supreme Court Rejects FDCPA Liability in Bankruptcy Proceeding
17 May 2017
CFPB Makes Somewhat Unsurprising Finding in the Ridiculously Complicated World of Student Loan Repayment
17 May 2017
BREAKING NEWS: Supreme Court Rules in Favor of Debt Collector
15 May 2017
Another "Tax Consequence" Case, Another Decision - This One Positive for Collectors
15 May 2017
Electronic Payments Step Four – Don’t Forget the FDCPA, the Consumer’s Rights, or the Proper Notices
11 May 2017
Searching For The Meaning Of “Meaningful Involvement” - Part 2
11 May 2017
Searching For The Meaning Of “Meaningful Involvement”
10 May 2017
U.S. Supreme Court Rejects “Meaningful Attorney Involvement” Case
9 May 2017
Court Rules Sending Validation Through CFPB Portal Does Not Satisfy FDCPA
4 May 2017
Major Banks Make Recommendations to Treasury That Could Impact Debt Collectors
4 May 2017
FinTech Debt Collection Start-up Says it Uses Modern Communication Methods
2 May 2017
Electronic Payments Step Three - How to Create and Sign an Electronic Payment Authorization
2 May 2017