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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CFPB Seeks More Information To Support Rulemaking
5 August 2015
Corporations "People" Under FDCPA, Rules Sixth Circuit
3 August 2015
QR Codes Mean FDCPA Trouble Says PA Federal Court
29 July 2015
Good News In Debt Collection "Benign Language" Envelope Case
28 July 2015
Another Debt Collection Envelope Decision Goes Against An ARM Firm
27 July 2015
Another Reason For Collectors To Be Cautious When Calling Consumer Cell Phones
24 July 2015
Eleventh Circuit’s Mistaken Interpretation Likely to Expose Attorneys to Increased FDCPA Liability
23 July 2015
2nd CFPB Enforcement Action This Week Involving Debt Collection, Now Against Discover Bank
22 July 2015
Lawsuits Against the Industry Up Across the Board
17 July 2015
CFPB's First Monthly Complaints Report Could Use More Context
16 July 2015
Decoding the Order in CFPB v. Hanna
15 July 2015
Federal Court Paves Way For CFPB To Pursue Enforcement Action Against Hanna
15 July 2015
Judge Issues Order Denying Defendant’s Motion to Dismiss in CFPB v. Hanna Debt Collection Litigation
14 July 2015
Regional Compliance Meetings Offer Guidance, Problem-Solving, and Strategizing
14 July 2015
Court Order Shuts Down Med-Rev Recoveries For Failing To Abide By Terms Of Prior Agreement
9 July 2015
FTC Bans Fraudulent Debt Collectors Who Targeted Spanish-Speaking Consumers
8 July 2015
Common Sense Prevails 3rd Circuit FDCPA Case
7 July 2015
The CFPB's Latest Supervision Report Highlights Compliance Deficits in the Collection Industry
24 June 2015
CFPB Takes Action Against Medical Debt Collector, Largely For Lack of Policies and Procedures
19 June 2015
Now in the CFPB's Sights: Collectors Hired by State & Local Government Agencies
15 June 2015