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Two important statutes for all businesses to be aware of are the Florida Consumer Collection Practices Act (FCCPA) and the FairDebtCollection Practices Act (FDCPA). FairDebtCollection Practices Act. Had actual knowledge that the right did not exist. Section 559.77 Bank Nat’l Ass’n, 245 F.
It’s important you know your debtcollectionrights and how a debtcollection agency is legally allowed to handle your accounts and communicate with you. Harass or abuse : Collection agencies can’t yell at you, threaten violence, or use obscene language.
Consumer Financial Protection Bureau Acting Director Dave Uejio and Federal Trade Commission Acting Chairwoman Rebecca Slaughter issued a joint statement regarding their agencies’ work to help stop illegal evictions and protect American consumers facing economic hardship due to COVID-19. WASHINGTON , DC (March 29, 2021) —.
This guide will shed light on debt collector lawsuits, how soon they can happen, how they affect your credit, and—most importantly—how to avoid them altogether. Be sure to also familiarize yourself with the FairDebtCollection Practices Act so you’re aware of your rights.
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