Collection Laws and Regulations News RSS Feed

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

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