Internal Revenue Code (IRC): Federal tax regulations governing the tax implications and reporting requirements of income payment agreements
Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and costs in financial agreements with credit elements
Fair Debt Collection Practices Act (FDCPA): Federal law regulating debt collection practices and protecting consumers from abusive collection methods
CFPB Regulations: Consumer Financial Protection Bureau regulations protecting consumers in financial transactions
State Usury Laws: State-specific laws governing maximum allowable interest rates and related financial charges
State Contract Laws: State-specific regulations governing contract formation, enforcement, and interpretation
State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive business practices
State Licensing Requirements: State-specific licensing and registration requirements for entities engaging in financial agreements
Securities Regulations: Federal and state laws governing financial instruments that may be classified as securities
Bankruptcy Laws: Federal and state laws governing creditor rights and debtor obligations in bankruptcy situations
Uniform Commercial Code (UCC): Standardized state laws governing commercial transactions, including payment agreements
Statute of Frauds: Legal requirement that certain contracts must be in writing to be enforceable
Statute of Limitations: Time limits for bringing legal actions related to the agreement
Assignment and Transfer Rights: Laws governing the right to assign or transfer rights and obligations under the agreement
