Fair Debt Collection Practices Act Outlaws Debt Collection Harassment
The FDCPA or Fair Debt Collection Practices Act, is a statute in the United States that is designed to protect consumers who have creditors who are attempting to collect a debt from them. It has several features that are designed to accomplish this.
One of the most important things the FDCPA does is provide consumers with a way to dispute debts that they don’t feel they owe to supposed debtors. It also gives a way for consumers to keep track of debts they are responsible for. The FDCPA has teeth. There are penalties that can be applied to companies who break the fair debt collection act.
Many common debt collection practices are prohibited by the FDCPA. For example, harassment of creditors is defined and prohibited. One thing that is considered harassment is contacting the consumer after they have provided written notice that they do not wish to be further contacted and that they have no intention of paying the debt.
