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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Data Security Slow to Win ARM Industry Attention
28 January 2008
Healthcare Without a Net
25 January 2008
San Francisco?s Universal Health Plan Could Bode Well for California
24 January 2008
Select ED Collectors Will Face Data Security Audit
24 January 2008
Firms Can Include Retiree?s Medicaid Eligibility in Health Care Plan: EEOC
17 January 2008
Ohio Beefs Up Collection Outsourcing, Collects Record in 2007
14 January 2008
Schwarzenegger Promotes Health Plan in State Address
9 January 2008
FCC: Collectors May Call Cell Phones with Autodialers, Prerecorded Messages
7 January 2008
FCC Rules Creditors, Collectors May Call Cell Phones with Autodialers, Prerecorded Messages
4 January 2008
Pintos Impact Limited but it May be a Threat
21 December 2007
EU Orders MasterCard Drop Certain Interchange Fees
20 December 2007
Buffalo Collector Gets Hit with $85,000 Fine by State AG
19 December 2007
Collector MRCA Must Pay $854,000 in Damages, Fees
19 December 2007
California House Approves Mandatory Health Plan
18 December 2007
California Assembly to Vote Today on Universal Healthcare
17 December 2007
Massachusetts Sues Collector Cadle
12 December 2007
NYC Bill Would Require Licensing of Debt Purchasers
12 December 2007
Credit Card Issuers Work to Explain APR Changes
10 December 2007
Court Rules Equifax Owes $3 Million in Damages for Credit Errors
7 December 2007
Do More Collectors Mean More Violations?
4 December 2007