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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Creditor Rights Law Firms Well-Represented on CFPB’s Small Business Review Panel
29 August 2016
Small Business Representative Shares Her Thoughts About Yesterday’s Debt Collection SBREFA Hearing
26 August 2016
CFPB Debt Collection Proposals Would Create Problematic New Substantiation Standard
25 August 2016
The “Least Sophisticated Debtor” Is Getting More Sophisticated, And Has An Improved Memory Too
22 August 2016
Industry Gets Favorable Ruling in Debt Collection Envelope Case
18 August 2016
Court Affirms Dismissal of Crawford Case for FDCPA ‘Time-Barred’ Proof of Claim, Case Was Itself ‘Time-Barred’
11 August 2016
7th Cir. Deepens Split on FDCPA Liability for ‘Time-Barred’ Claims
11 August 2016
FDCPA Safe Harbor Buried within CFPB Mortgage Rules
11 August 2016
Ninth Circuit Court of Appeals Rules - Failure to Specifically State “This Communication is From a Debt Collector” is Not FDCPA Violation
9 August 2016
FDCPA Case Law Review for July 2016
4 August 2016
Attorney “Meaningful Involvement” Case Sent Back to District Court
3 August 2016
insideARM Perspective On CFPB Outline of Proposed Debt Collection Rules – Information Integrity
2 August 2016
15 ARM Industry Experts React to CFPB Outline of Proposed Debt Collection Rules
2 August 2016
insideARM Perspective on CFPB Outline of Proposed Debt Collection Rules – Communication Part 2
1 August 2016
What Collectors Really Need to Know About the CFPB’s Proposed Rules
1 August 2016
insideARM Perspective on CFPB Outline of Proposed Debt Collection Rules - Communication Part 1
28 July 2016
CFPB Outlines Debt Collection Rulemaking Proposals
28 July 2016
Ninth Circuit Rules That Law Firm Collector Can’t Rely On Validation Notice From Previous Collector
21 July 2016
FDCPA Victory in Class Action Letter Case: What It Means for the Industry
18 July 2016
FDCPA Case Law Review for June 2016
14 July 2016