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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Hospitals Expanding Charity Care Guidelines to Ensure Tax-Exempt Status: Analyst
11 March 2008
Regulators, Chase Target Debt Settlement Firm Hess Kennedy
10 March 2008
Milwaukee Thrift to Liquidate by April
7 March 2008
A Huge Collection Contract Behind a Huge Wall of Secrecy
5 March 2008
Collection Agencies Draw Consumer Fire Nationwide
5 March 2008
Collectors Near Top of Illinois Complaint List
3 March 2008
WSJ Shines Light on Civil Recovery Collections
28 February 2008
Majoras to Resign as FTC Leader
28 February 2008
State Legislatures Target Collection Agencies in Proposed Bills
26 February 2008
Fraud Complaints Rise Due to ID Theft: FTC
22 February 2008
Health Care Proposal would Extend Congress?s Plan to John Q. Public
15 February 2008
Massachusetts Health Care Reform has Intended Effect for Most Hospitals
14 February 2008
Chicago Dumps Linebarger, Claiming Ethics Violation
12 February 2008
Oregon Collection Lawyer in Hot Water Over Suits
12 February 2008
Virginia Sues Child Support Collector
12 February 2008
ACCS Defends ?Sovereign Immunity? Case as Public Citizen Mulls Class Action Suit
11 February 2008
ACCS Loses Sovereign Immunity Case in California
8 February 2008
FTC Updates ARM Industry on Agency?s Workshop at DBA Conference
6 February 2008
Healthcare Reform Failure in California Could Deter Other States
5 February 2008
Florida Collection Agency Hit with $3.4 million FTC Judgment
29 January 2008