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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Intrum Soldiers On in Norway, Appeals Loss of License
4 December 2007
Senators to Grill Card Issuers on Interest Rates
3 December 2007
Florida AG Keeps Hitting Jacksonville Collectors
3 December 2007
California on Path to Universal Health Program
30 November 2007
Connecticut Closes Collector Accelerated
30 November 2007
A Legal Precedent Pays Off for Collectors in FDCPA Cases
30 November 2007
Politicking Over Privacy
30 November 2007
States Tackling Health Care Reform
29 November 2007
Collectors Seek to Modernize Do Not Call Update
27 November 2007
Nevada Healthcare Collections Law Could Backfire
27 November 2007
Tougher Standards Will Improve Perception of ARM Industry
19 November 2007
ACA Updates State Legislative Activity
16 November 2007
States at the Forefront of Healthcare Regulation
15 November 2007
Industry Comes Out Against State Debt Purchasing Bill
12 November 2007
Collector LTD Financial to Pay $1.4 Million to Settle FTC Charges
7 November 2007
Court Says No Immunity for Government-Outsourced Collectors
5 November 2007
Patients Need Education on Hospital Charity Care: Advocate
5 November 2007
Appeals Court Rules on Debtors? Counsel Communications
5 November 2007
Debt Purchasers in Lawmakers? Cross-hairs
2 November 2007
State to Hear Debt Purchaser Notification Bill
2 November 2007