Collection Laws and Regulations News

Collections & Recovery

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).

Filter by Location

Alabama Alaska American Samoa Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Northern Mariana Islands Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas United States Virgin Islands Utah Vermont Virginia Washington Washington D.C. West Virginia Wisconsin Wyoming

House Financial Services Committee to Discuss CFPB Reform Bill

25 April 2017

Electronic Payments Step One - Understand the Terminology

25 April 2017

Colorado's FDCPA Adds Media Requirements, Removes its Collection Agency Board

25 April 2017

U.S. Supreme Court Hears Oral Arguments over Whether Debt Buyers are Debt Collectors under FDCPA

24 April 2017

Bona Fide Error Defense Comes Through For Collector With Strong Processes

20 April 2017

Prior Express Consent Defeats TCPA Claim, But Jury May Find 87 Calls Over 19 Days to be FDCPA Violation

19 April 2017

First Party Collectors - Don’t Forget About UDAAP!

18 April 2017

Simple TCPA Case Becomes Two-Year Journey to Dismissal

12 April 2017

Court Rules FDCPA Statute of Limitations Begins When Violation is Discovered

6 April 2017

Collectors Take Note: FDCPA Litigation Over Letters Continues

4 April 2017

Judge Dismisses FDCPA Credit Bureau Reporting Case Against Collector

30 March 2017

Appeals Court Affirms Ruling Against Debt Buyer for Misleading Out-of-Stat Collection Letter

30 March 2017

Court Rules Debt Buyer’s Small Claims Court Judgment Waived Right to Arbitration in Class Action Suit

29 March 2017

E-ZPass Collector Wins Dismissal; Court Rules Tolls Not Debts Under FDCPA

28 March 2017

Out of Stat Debt Case Offers Three Lessons to Collectors

27 March 2017

Revisiting Dodd-Frank; Its Design May Make Next Crisis Even Worse

23 March 2017

More Twists in ED's 'Dear Colleague' Collection Fee Matter

22 March 2017

Court Dismisses CFPB Complaint Against Payment Processor For Ignoring Red Flags

22 March 2017

Another Court Rules No FDCPA Violation For: “This settlement may have tax consequences. Please consult your tax advisor.”

20 March 2017

New Executive Order Aimed at Deregulation Includes CFPB

20 March 2017