Debt collectors are regulated by the FTC on the federal level. At the state level, attorneys general are typically responsible for enforcing state and federal laws. A few local governments also separately regulate debt collectors. The laws that govern the ARM industry are civil, meaning that liability is almost always monetary. So a state’s attorney general will not file criminal charges against a debt collector accused of violating the law, rather, he/she will sue for damages. Collection laws include federal and state statutes that govern the proper operation of companies and personnel that work in the debt collection industry. The most comprehensive collection law is the Fair Debt Collection Practices Act (FDCPA). Other federal laws that collectors must follow include the Fair Credit Reporting Act (FCRA), the Telephone Consumer Protection Act (TCPA) and the data security requirements of the Gramm–Leach–Bliley Act (GLBA).
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Fed Set to Tighten Screws on Card Issuers: Report
29 April 2008
Florida Hospitals Lobby to Preserve Medicaid Programs, Avoid Bad Debt
25 April 2008
ACA Urges Medical Collectors to Keep Collecting Despite LA Lawsuit
25 April 2008
Iowa Bill Would Allow Hiring of Collectors for Unpaid Tickets, Court Fines
24 April 2008
New Jersey Looks to Pass a State FDCPA Law
23 April 2008
LA Sues Insurer for Canceling Health Care Coverage
22 April 2008
Canny Collection Agency Spots Fraudsters
21 April 2008
Bad Debt Tax Form Gets Another Review from Hospitals
18 April 2008
U.S. House Rides to Rescue Debt-Laden Students
18 April 2008
Student Loans Drying Up, Dodd Warns
17 April 2008
US House Passes Bill Killing IRS Privatization Program
16 April 2008
It's Tax Day and The Post Recaps IRS Private Collection Agency Program
15 April 2008
FDIC to Survey Banks on Efforts to Serve the Unbanked and Underbanked
14 April 2008
Chamber Study Calls Public Citizen Wrong on Card Debt Disputes
14 April 2008
Collection Agency Sued by Labor Department Over Overtime Pay
11 April 2008
IRS Outsourced Collection Program Under Political Fire, Again
10 April 2008
Senators Ask IRS to Review Outsourced Collection Program
9 April 2008
Bad Check Proposal Postponed in California
9 April 2008
UK Warns 13 Firms Over Debt Collection Tactics
9 April 2008
Hospital Debt Tops Agenda as Hospital Association Visits Capitol Hill
9 April 2008