Truth in Lending Act (TILA): Federal law requiring transparent disclosure of credit terms and standardized calculation of interest rates for consumer protection
Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices and protecting debtors from abusive collection methods
Consumer Credit Protection Act: Federal law providing comprehensive protection for consumers in credit transactions and debt collection
Uniform Commercial Code (UCC) Article 9: Governing law for secured transactions and debt agreements, providing framework for creditor-debtor relationships
State Usury Laws: State-specific regulations determining maximum legal interest rates that can be charged on debt
State Debt Collection Regulations: State-level laws governing debt collection practices and procedures within specific jurisdictions
State Contract Laws: State-specific regulations governing contract formation, enforcement, and remedies
Statute of Limitations: State-specific time limits for bringing legal action to collect on debts
Statute of Frauds: Legal requirement that certain contracts, including debt agreements, must be in writing to be enforceable
Contract Formation Requirements: Legal elements necessary for valid contract formation including offer, acceptance, and consideration
Bankruptcy Laws: Federal laws affecting how debt agreements are treated in bankruptcy proceedings
Consumer Protection Laws: State and federal laws designed to protect consumer rights in financial transactions
Disclosure Requirements: Legal obligations to provide specific information about debt terms, payments, and consequences
Acceleration Clauses: Legal provisions allowing creditor to demand full payment upon specific default conditions
Default Provisions: Legal requirements for defining and handling default scenarios in debt agreements
