The Fair Debt Collection Practices Act (FDCPA)
Enacted in 1977, the Fair Debt Collection Practices Act (FDCPA) was created to stop abuse, deception, and unfair practices from collection agencies all over the country. Since Congress believed these unethical tactics to collect on debts have contributed to bankruptcies, invasions of privacy, marital problems, and job loss; laws were passed to remedy such problems. The FDCPA covers the practices of a debt collection agency, from the time a debt is assumed to the time it’s collected.
Under the FDCPA, the following rules apply: