Collections 102: Fair Debt Collection Practices Act and UDAAP

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CONSUMER COLLECTION LAWS 102

The federal Fair Debt Collection Practices Act (FDCPA) is one of the granddaddies of all collection laws and is still the most important.  Its requirements are both broad and very specific. It contains rules that are obvious and rules that are surprising. Although it does not directly apply to all collectors,  everyone who collects consumer debts and everyone who supervises those who collect consumer debts should have a thorough understanding of it.

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Collections 102: Fair Debt Collection Practices Act and UDAAP

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