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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Settlement Offer Found Not To Be FDCPA Violation in Florida
2 November 2015
Sixth Circuit Decides Voicemail Message is not a “Communication”
28 October 2015
Looking Ahead – Preparing Economics Students for the Real World
22 October 2015
Portfolio Recovery Associates Motion Denied in FDCPA Class Action Case
19 October 2015
Three Reasons Your Agency Needs to Be Focused on Disparate Impact
14 October 2015
CFPB Orders Indirect Auto Finance Company to Pay $48.3M in Relief and Penalties for Illegal Debt Collection Tactics
1 October 2015
7th Cir. Confirms FDCPA Is Not Enforcement Mechanism for Matters Governed by Other Federal or State Laws
1 October 2015
New Academic Paper Urges CFPB to Carefully Consider Impact of Potential New Debt Collection Regulations
30 September 2015
What's Keeping Compliance Professionals Awake? UDAAP, Entrenched Behaviors
24 September 2015
FDCPA Litigation Totals Dropping But Still High; TCPA Unmoved in August
21 September 2015
Dallas Debt Dialogue Moved to Bigger Venue; Registration Re-Opened
3 September 2015
Apparently Creditor Friendly North Carolina Debt Collection Law Revision Surprises Some
3 September 2015
Illinois Collection Agency Act Updates Are Material, And Have Already Taken Effect
31 August 2015
FTC's Reilly Dolan Lists Those Banned From Debt Collection, and Discusses Industry Self-Regulation
28 August 2015
Eleventh Circuit Court Cites “Plain Language” of the FDCPA, Rules in Favor of Capital One in Debt Collection Case
27 August 2015
Third Circuit Holds Debt Collector Bears Burden of Proving FDCPA Exception to Third Party Contact
25 August 2015
FDCPA Lawsuits Up Sharply YTD in 2015 vs. 2014
21 August 2015
CFPB Takes Action against Springstone Financial, LLC; Collectors Should Take Note
20 August 2015
Second Circuit Holds Servicing Transfer Notice Not Exempt from FDCPA
20 August 2015
CFPB Files Amicus Brief in FDCPA case
18 August 2015