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 rules of the FDCPA. 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 you must follow as well.
The laws require a fair collection of the debt. You are protected by the FDCPA even if you have debt.
The laws of the FDCPA include:
A debt collector is a person who collects debts regularly; this also applies to lawyers
The debt has to be collected fairly by them.
A debt collector can call the number agreed by you during the day and request payment
You should stop calling if requested in writing or after hiring an attorney.
He cannot sue or bother you in any way.
These laws protect you from harassment by debt collectors
You can call your office if you don’t know that your employer disapproves of you.
You should stop calling the workplace if you have asked him 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 a debt collector to follow the laws of the FDCPA. Fair debt collection guarantees consumer protection. Under this, the collector is required to not repeatedly call you at inconvenient times, harass you with abusive language, try to collect more money than the actual debt, do not call you at the workplace, or threaten to garnish your wages.