Fair Debt Collection Practices Act (FDCPA): Federal law that prohibits deceptive, unfair, and abusive debt collection practices. Regulates communication methods, timing, required disclosures, and prohibits harassment. Key foundation for all debt collection activities in the US.
Fair Credit Reporting Act (FCRA): Federal law governing how consumer credit information is collected, shared, and used. Important for any references to credit reporting in collection communications.
State-Specific Collection Laws: Various state-level requirements for debt collection, including specific language requirements, disclaimers, and time limitations that vary by jurisdiction.
Consumer Financial Protection Bureau (CFPB) Regulations: Federal regulatory framework providing oversight of debt collection practices and specific requirements for debt validation and collection procedures.
Uniform Commercial Code (UCC): Standard set of business laws governing commercial transactions, particularly relevant for commercial debt collection and establishing creditor rights.
State Consumer Protection Laws: State-specific regulations providing additional consumer protections that affect the tone, content, and methodology of debt collection communications.
Statute of Limitations: Time limits for debt collection actions, varying by state and type of debt, which must be considered when pursuing collection activities.
