The Fair Debt Collection Practices Act (FDCPA) was passed by Congress and is enforced by the Fair Trade Commission (FTC) to ensure fair debt collection by debt collectors. The Law has established laws to regulate these practices. Under this Act, it is imperative that bill collectors and collection attorneys comply with the FDCPA rules. This, along with the Fair Credit Reporting Act (FCRA), forms the regulatory body for debt collection. Many states have their own well-defined laws that must also be followed.
Laws require fair debt collection. You are protected by the FDCPA even if you have a debt.
The FDCPA laws include:
A debt collector is a person who collects debts on a regular basis; this also applies to lawyers
The debt has to be collected fairly by them.
A debt collector can call the number agreed upon by you during the day and request payment
You must stop calling him if you ask him in writing or after you hire a lawyer.
He cannot sue you or harass you in any way.
These laws protect you from harassment by debt collectors
You can call your office if you don’t know your employer disapproves.
You must stop calling the workplace if you have asked them not to.
He can call you one more time after receiving the cease and desist letter.
A debt collector may call third parties just to get information about their contact details
Fair debt collection requires that a debt collector follow the FDCPA laws. Fair debt collection ensures consumer protection. Under this, the collector is required not to call you repeatedly at inconvenient times, harass you with abusive language, try to collect more money than the actual debt, call you at the workplace, or threaten to garnish your wages.