Fair Debt Collection Practices Act
Fair Debt Collection Practices Act
Federal law that prohibits debt collectors from engaging in unfair, deceptive or abusive practices when collecting debts. Collectors must send a written notice telling the name of the creditor and the amount owed; collector may not contact consumer if he or she disputes in writing within 30 days (unless collector furnishes proof of the debt); collectors must identify themselves on the phone and can call only between 8 am and 9 pm unless a consumer agrees to another time; and collectors cannot call consumers at work if they are told not to (BANKRUPTCY DICTIONARY OF TERMS)/.

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • Fair Debt Collection Practices Act — (FDCPA) A federal law that prohibits certain debt collection practices, including harassing, abusing, or lying to debtors, contacting third parties about a debt (except in limited circumstances), and contacting debtors at work or at inconvenient… …   Law dictionary

  • Fair Debt Collection Practices Act — The Fair Debt Collection Practices Act (aka FDCPA), usc|15|1692 et seq., is a United States statute added in 1978 as Title VIII of the Consumer Credit Protection Act. Its purposes are to eliminate abusive practices in the collection of consumer… …   Wikipedia

  • Fair Debt Collection Practices Act — Federal act, the purpose of which is to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to… …   Black's law dictionary

  • Fair Debt Collection Practices Act — Federal act, the purpose of which is to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to… …   Black's law dictionary

  • Fair Debt Collection Practices Act — (FDCPA)    A federal law that applies to debt collectors working for collection agencies and prohibits unfair debt collection practices, such as lying to and harassing debtors. The law does not apply to creditors collecting their own debts.… …   Business law dictionary

  • Fair Debt Collection Practices Act (1978) — Federal law that prohibits debt collectors from engaging in unfair, deceptive or abusive practices when collecting debts. Collectors must send a written notice telling the name of the creditor and the amount owed; collector may not contact… …   Glossary of Bankruptcy

  • Fair Debt Collection Practices Act - FDCPA — A Federal law that limits the behavior and actions of debt collectors who are attempting to collect the debt for another person or entity. The law restricts the means and methods by which they can contact the debtor, as well as the time of day… …   Investment dictionary

  • Fair debt collection — broadly refers to regulation of the debt collection industry at both the U.S. Federal and state levels of government. At the Federal level, it is primarily governed by the Fair Debt Collection Practices Act ( FDCPA ). In addition, many U.S.… …   Wikipedia

  • debt collector — Debt Collectors take steps to collect payments or otherwise perform similar activities connected with a debt. A licence is required under the Consumer Credit Act 1974 when dealing with non companies in respect or credit or hire agreements not… …   Law dictionary

  • Collection agency — A collection agency is a business that pursues payments of debts owed by individuals or businesses.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] There are many… …   Wikipedia

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