An Outline of the Fair Debt Collection Practices Act

The Fair Debt Collection Practices Act was enforced in 1978 as part of the Consumer Credit Protection Act. The mission of the FDCPA is to protect consumers against abusive debt collection as well as provide consumers with fair debt collection processes. There are many enforced regulations as well as practices that are ruled against. The Federal Trade Commission states that there are rules to be followed for those who are locating information about the consumer. Acquisition of location information Read more [...]

Collection Lawyer: The Last Resort for Debts

When you have lent money out to someone else and they take too long to pay you back, there is a certain approach that you should take to try getting your money back to you. The beginning of this debt collection process would begin with nonthreatening approaches such as a series of phone calls, for example. If after a long period of time, however, you still haven't received your deb payoff, you should use more aggressive means, such as a collection lawyer. Read more [...]