FAIR DEBT COLLECTION PRACTICES ACT.  Applies only to the activities of debt collectors.  Credit unions are generally exempt.  Applies only to consumer.

Slides:



Advertisements
Similar presentations
Helping SHIPs Help Medicare Consumers Health Assistance Partnership MAY 2008 Pinch Hitting Helping Beneficiaries with Billing Issues Ellen Leitzer Mike.
Advertisements

© 2004 West Legal Studies in Business A Division of Thomson Learning 1 Chapter 44 Consumer Law Chapter 44 Consumer Law.
CONSUMER CREDIT. Basic Consumer Credit Laws Laws Protecting Against Discrimination Laws Protecting Your Credit Record Laws Protecting Against Billing.
JAMES A. FRANCIS Francis & Mailman, PC Land Title Building, 19 th Floor 100 South Broad Street Philadelphia, PA Phone: Fax:
Goals and Objectives Goals for todays lesson: 1. Review laws related to consumer protection in the lending and credit industry Objectives: 1. Understand.
DEBT COLLECTION PRACTICES Federal and State Protection from Predatory Collectors.
Understanding the Fair Debt Collection Practices Act
© 2014 ACA International. All Rights Reserved. Obtaining Optimum Compliance Performance Foundational Training on ACA’s Professional Practices Management.
Unfair Dismissal. What is an Unfair Dismissal? The employer did not have a fair reason to dismiss the employee. The employer had a fair reason, but the.
Consumer Protection TPA/ASIC/Fair Trading. Consumer protection provisions of the TPA have been included in the ASIC Act Trade Practices Act The main aims.
P A R T P A R T Regulation of Business Administrative Agencies The Federal Trade Commission Act and Consumer Protection Laws Antitrust: The Sherman Act.
Section 5 of the FTC Act “Unfair methods of competition in or affecting commerce, and unfair or deceptive acts or practices in or affecting commerce, are.
© 2007 Prentice Hall, Business Law, sixth edition, Henry R. Cheeseman Chapter 44 Consumer Protection.
COPYRIGHT © 2010 South-Western/Cengage Learning..
1 Unfair Trade Practices National Training Workshop on Competition Policy and Law Gaborone, Botswana: July 2007 Presenter: John Preston.
Fair Debt Collection Practices Act (FDCPA). Log into Quia and complete the FDCPA pre-assessment quiz. 2 FDCPA - How much do you know about this law?
Taxes Do Now: If Americans stopped paying taxes, what do you think would happen?
Objective 4.01 Understand financial, credit, and bankruptcy law.
Since 2011 credit unions have been increasingly engaging in private student lending: Private student loan funding has grown 33%, from $1.5 Billion to.
Debt Collection and SCRA Instructor: Assistant Instructor:
CONSUMER CREDIT LEGISLATION Carl Johnson Financial Literacy Jenks High School.
Business Law Essential Standard 4.00
Paul Statham Pattinson & Brewer Solicitors Section 19 Employment Act 2008.
Solutions to Debt Problems Section 6-7. “Sometimes you gotta wreck the truck, to get the insurance money, to make the truck payment.” -Larry the Cable.
Copyright 2005 General Revenue Corporation. All rights reserved. Communicating with Your Students: How to Abide by The Fair Debt Collections Practices.
Federal Credit Laws. What are the key laws about credit and borrowers that protect consumers? Several federal laws protect consumers when they apply for.
Agency & Authority Collections Partnership Presented By Darren Kelk MICM Director Chris Bloodworth IRRV Director of Training.
Consumer Protection Caveat Emptor “Let the buyer beware” – the traditional guideline of sales transactions.
CONSUMER PROTECTION AND LITIGATION: CONSUMER PROTECTION AND LITIGATION: Ryan Mehm Attorney Bureau of Consumer Protection Federal Trade Commission The views.
Basic Consumer Law Training October 1, 2008 Catherine A. Schneider Supervising Attorney
FAIR CREDIT REPORTING ACT.  Serves the following principal purposes:  To regulate the consumer-reporting industry.  To prohibit unfair actions from.
Credit File and Reports By Eric, Maggie, Sarah, Jackson and Brooke.
Dealing with collection issues can be one of the most difficult issues a credit unions faces, because it involves a breach of trust with the member based.
FDCPA – Facts, Fiction & Reality
Richard M. Alderman University of Houston Law Center
BUS 204 Credit & Collections Spring 2006, sjh. The ABC’s of Collections It’s your money…just ask for it! (But follow the law)
Mullen 2005 Labor Union A labor union is an organization of employees that uses collective action to advance its members’ interests in regard to wages.
MORTGAGES.  Itemization of Amount Financed  Finance Charge  Variable Rate Information  Contract Reference  Assumption Policy  Repayment Disclosures.
Chapter 45 Consumer Law McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 38 Consumer Law. 2  When will advertising be deemed deceptive?  How does the federal Food, Drug and Cosmetic Act protect consumers?  When will.
Unfair Trade Practices: A Summary
Objective 5.01 Understand credit management 1. Main types of credit 2.
McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 25 Consumer Law.
Federal Agencies and Laws for Consumer Rights
Financial Law Objective 4.01 Understand financial, credit, and bankruptcy law. Objective 4.01 Understand financial, credit, and bankruptcy law. BB30 Business.
Mass Media Law 18 th Edition Don Pember Clay Calvert Chapter 15 Regulation of Advertising McGraw-Hill/Irwin © 2013 McGraw-Hill Companies. All Rights Reserved.
Differences Between a Unionized and Non Unionized Workplace.
Ex parte Communication And The Drug Court Team. Interdisciplinary Education.
Consumer Protection: The Fair Debt Collection Practices Act By Hillary R. Ross, Esq.
Copyright © 2004 McGraw-Hill Ryerson Limited 1 PART 5 – SPECIAL CONTRACTUAL RELATIONSHIPS  Chapter 23 – Consumer Protection Legislation Prepared by Douglas.
Miller Cross 4 th Ed. © 2005 by West Legal Studies in Business / A Division of Thomson Learning Chapter 19 Consumer Protection.
Prentice Hall © PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 5E, by Henry R. Cheeseman Chapter 24 Consumer.
UNDERSTANDING CREDIT LAWS CONSUMER CREDIT LEGISLATION.
By: John G. Kruchko, Esq. September 12, 2011 Kruchko & Fries © 2011 Privileged and Confidential 1.
 This presentation has been prepared by a grantee of the Foundation for Financial Planning for the purpose of educating student pro bono financial planners.
Responding to debt collectors
Responding to Debt Collectors
Federal Agencies and Laws for Consumer Rights
© 2007 Prentice Hall, Business Law, sixth edition, Henry R. Cheeseman
Fair Debt Collection Practices Act
8.2 Labor Unions.
Business Law Essential Standard 4.00
Chapter 11 Warranties, Product Liability and Consumer Law
HELOCs.
Business Law Essential Standard 4.00
Protecting Your Credit
Credit Card Convenience Fees Charged by 3rd Party
UNFAIR LABOUR PRACTICE COMPLAINTS
The Collection Course of Action
The CFPB’s Notice of Proposed Rulemaking
Presentation transcript:

FAIR DEBT COLLECTION PRACTICES ACT

 Applies only to the activities of debt collectors.  Credit unions are generally exempt.  Applies only to consumer debts. COVERAGE

 Reasonable time and place  Contact with member’s attorney  Contact at member’s place of employment  Restrictions on third party contact  Refusal by the Member  Initial Communication  Subsequent Communications  Validation of Debt Notice CONTACT RULES

 Harassment  False, Deceptive or Misleading Representations  Unfair Practices  Deceptive Forms PROHIBITIONS

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.