Latest Courses On FDCPA, Regulatory Changes

Overview

How the Fair Debt Collection Practices Act Works.

The FDCPA does not protect debtors from those who are attempting to collect a personal debt. If you owe money to the local hardware store, for example, and the owner of the store calls you to collect that debt, he is not a debt collector under the terms of this act. FDCPA only applies to third-party debt collectors, such as those who work for a debt collection agency. The law covers credit card debt, medical bills, student loans, mortgages, and other household debt.

The Act prohibits certain types of "abusive and deceptive" conduct when attempting to collect debts including the following:

• Hours for phone contact: contacting consumers by telephone outside of the hours of 8:00 a.m. to 9:00 p.m. local time. Additionally, if certain hours are inconvenient for consumers during the allowable time (those who work at night and sleep during the day) they may not be contacted during those times
• Failure to cease communication upon request: communicating with consumers in any way (other than litigation) after receiving written notice that said consumer wishes no further communication or refuses to pay the alleged debt, with certain exceptions, including advising that collection efforts are being terminated or that the collector intends to file a lawsuit or pursue other remedies where permitted
• Causing a telephone to ring or engaging any person in telephone conversation repeatedly or continuously: with intent to annoy, abuse, or harass any person at the called number.

Required conduct

The Act requires debt collectors to do the following (among other requirements):

• Identify themselves and notify the consumer, in every communication, that the communication is from a debt collector, and in the initial communication that any information obtained will be used to effect collection of the debt
• Give the name and address of the original creditor (company to which the debt was originally payable) upon the consumer's written request made within 30 days of receipt of the §1692g notice

We will be discussing the do's and don'ts of collections thereby assuring that collectors and collection management teams are best prepared to achieve their goals in safe and sound ways.

Event link : https://www.traininng.com/webinar/-201335live?channel=medtechiq-MAY_2020_SEO

Contact Info

Traininng.com LLC

Email: traininngdotcom@gmail.com

Phone: US: (510) 962-8903

Phone: Zurich: +41 - 43 434 80 33

Website : https://www.traininng.com