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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 ...
Understand your rights under the Fair Debt Collection Practices Act and report any violations to the proper authorities. Getting a call from a debt collector can be frustrating and overwhelming.
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]
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.
Get familiar with the Fair Debt Collection Practices Act (FDCPA) to know what practices are prohibited and how debt collectors can interact with you. Never share sensitive personal information ...
Generally regarded as a subdivision of tax law, debt compliance is most often enforced through a combination of audits and legal restrictions. For example, a provision of the Federal Debt Collection Procedures Act of 1990 states that a person or organization indebted to the United States, against whom a judgment lien has been filed, is ...
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.