Fair Debt Collection Practices Act (FDCPA): Federal law that governs debt collection practices, limiting harassment, false statements, and unfair practices in debt collection. Must be considered for communication standards and consumer protections.
Truth in Lending Act (TILA): Federal regulation requiring clear disclosure of lending terms and costs. Relevant for accurate representation of debt terms and conditions.
Fair Credit Reporting Act (FCRA): Federal law governing the collection, dissemination, and use of consumer credit information. Important for credit reporting aspects of debt confirmation.
Consumer Credit Protection Act: Comprehensive federal law protecting consumers in credit transactions, including provisions for garnishment limitations and credit cost disclosures.
Bankruptcy Code: Federal laws governing bankruptcy proceedings. Must be considered if debtor has filed or may file for bankruptcy protection.
State Debt Collection Laws: State-specific regulations governing debt collection practices, which may impose additional requirements beyond federal law.
State Consumer Protection Laws: State-level laws protecting consumers from unfair or deceptive practices in commercial transactions, including debt collection.
State Usury Laws: State-specific regulations limiting maximum interest rates and charges on debts. Must be considered for interest rate compliance.
Uniform Commercial Code (UCC): Standardized state laws governing commercial transactions, particularly Articles 3 and 9 relating to negotiable instruments and secured transactions.
FTC Regulations: Federal Trade Commission rules including Fair Credit Billing Act requirements and Red Flags Rule compliance for identity theft prevention.
CFPB Guidelines: Consumer Financial Protection Bureau requirements for debt collection communications, consumer rights notifications, and dispute resolution procedures.
