Practices Fair Debt Collection Act

The purpose of the law, passed in September 1977 was to eliminate abusive debt collectors debt recovery and promote action was consistent to protect consumers against debt collection abuses and invasions of individual privacy.

The Fair Debt Collection Practices Act laid down specific guidelines on the following aspects:

1. AcquisitionInformation [Sec 804]

Any debt collector seeking to acquire information on the location of a consumer to identify himself and his purpose correctly and if it is also necessary to present information to your employer. At no time during the search process, a collector or imply that the consumer has some debt, which amounts to a violation of individual privacy. Once the investigation process is completed, all correspondence will be followed by the prosecutor thatconsumer only.

2. Consumer Communication Sec [805]

The collector may not contact the consumer at any time or place, which is known to be inconvenient for the consumer. If the collector has information that a lawyer representing consumers, then all communications with the consumer should be made only if the lawyer does not respond to the statement of the collector.

3. Abuse or harassment of [the consumer Sec. 806]

A debtcollector may not engage in any conduct the natural consequence is to harass, oppress, or abuse any person in connection with the collection of a debt. A collector may not resort to violence or threats to force the consumer to require the collector.

4. Misrepresentation of recovery of debts [Section 807]

A debt collector may not use any, misleading, deceptive or fraudulent representation or means in connection with debt collection. A debt collector may not represent in any way imply that means non-payment of the debt or the arrest or detention of any person or the seizure, attachment or sale of assets of any person unless such action is lawful and the debt collector or creditor intends to take such action.

5. Debt [Validation Section 809]

Within five days of the initial communication with a consumer> Collector to offer their customers a written notice containing the exact amount of the debt, the creditor's name and date of payment.

6. [Responsibility Section 813]

All the debt collector does not comply with the provisions of this Act is personally liable to an amount equal to the amount of actual harm to the consumer and may be required to pay the consumer to work spending the defendant reasonable attorney fees respect andcosts.

The Fair Debt Collection Practices Act provides guidelines for all types of debt collection. For all debt collectors, both in-house or collection agencies, must understand the act and stay within the limits permitted by law. The Fair Debt Collection Practices Act contains adequate provisions for collection agencies and services to help them achieveexpenses of debtors legally.