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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Proposed FCC Change to TCPA would Negatively Impact ARM Industry

4 February 2010

Court Decision Raises Questions About Collecting in Validation Period Under FDCPA

3 February 2010

Mark Johnson and Portfolio Recovery Associates, LLC Announce Resolution of Lawsuit

3 February 2010

U.S. Government to Pay $7.4 million in Debt Collection Class Action Settlement

29 January 2010

Four Weltman, Weinberg & Reis Co., LPA Partners Recognized As Ohio Super Lawyers

27 January 2010

Text Messaging As the Next Frontier in Collection Communication

27 January 2010

Accounts Placed with Collection Agencies Set A New Record

27 January 2010

Politicians Still Arguing Over Debt Collection Regulation

26 January 2010

The Commercial Law League of America's Midwestern Meeting and National Convention Kicks Off On April 29

26 January 2010

State Attorney General Goes After Capital One for Debt Collection and Re-Aging

25 January 2010

Renowned Collection Attorney Opens Bedard Law Group, P.C.

25 January 2010

WebRecon Stats on FDCPA and othe Consumer rights Lawsuits

22 January 2010

Appeals Court Rules For Collectors in FDCPA Class Action Case

22 January 2010

Tap Dancing on a Debt Collector?s Grave

20 January 2010

New ACA CEO Lays Out Agenda for ARM Industry

19 January 2010

State Issues Suspension Order to Debt Collector Mann Bracken

15 January 2010

Supreme Court Hears Oral Arguments in FDCPA Case

14 January 2010

Consumers to Benefit from Fed?s Sweeping New Credit Card Rules

13 January 2010

The Dangers of Ignorance and Complacency

12 January 2010

FTC Asking for Detailed Portfolio Information from Debt Buyers

12 January 2010