We believe it’s important for all consumers to become familiar with their rights and responsibilities in debt collection. The Fair Debt Collection Practices Act (FDCPA) is a set of consumer protection laws that set out the rules for creditors trying to collect on a debt. Law professor Amy J. Schmitz has provided a great explanation of the FDCPA on her blog MyConsumerTips.info.
Even if you’re not having collection problems now, it would be a great page to bookmark for your reference. The site is non-profit and offers tips and resources for consumers.
We’re always looking for good information sources for our clients that don’t take advertising dollars and give straightforward, helpful information. If you have suggestions, feel free to post them below!