Search results
Results from the WOW.Com Content Network
Allied. A debt collection agency has been slapped with a near-record fine by the Federal Trade Commission for repeatedly trying to collect from the wrong people, collecting the wrong amounts ...
It’s important to know your rights when it comes to debt collection. Knowing exactly what a debt collector can and can’t legally do allows you to effectively handle debt collectors. 5 ways to ...
U.S. state laws on fair debt collection generally fall into two categories: laws which require persons who are collecting debts from consumers to be licensed, registered or bonded in order to collect from consumers in their states, and laws that protect consumers from specific unfair practices by debt collectors, which may include collection agencies and sometimes original creditors. [2]
International Longshoremen's Association, AFL-CIO v. Allied International, Inc., 456 U.S. 212 (1982), was a United States Supreme Court case which held that a trade union that refused to unload cargo from the Soviet Union in protest against the invasion of Afghanistan had engaged in a secondary boycott, an unfair labor practice under the National Labor Relations Act.
2. Know your debt collection rights. Educate yourself about your rights under the Fair Debt Collection Practices Act (FDCPA). This federal law regulates how creditors and debt collectors can ...
A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]
The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act.
The Fair Debt Collection Practices Act (FDCPA) was passed in 1978 to give consumers rights and the ability to maintain accurate information when dealing with debt collection. Under the act, any consumer information regarding debt is protected. [16]