• Understanding the Law of Debt🔍
• Debt Collection FAQs🔍
• What laws limit what debt collectors can say or do?🔍
• Understanding the Fair Debt Collection Practices Act🔍
• Understanding the National Debt🔍
• Understanding Debt Collection Regulations🔍
• Understand how the CFPB's Debt Collection Rule impacts you🔍
• Debt Collection Laws🔍

Understanding the Law of Debt

Jiménez: Law school ends up being a second bet that you take, often incurring even more debt on top of an undergraduate debt load. It does seemingly hold this ...

Debt: What It Is, How It Works, Types, and Ways to Pay Back

Debt is something, usually money, owed by one party to another. Debt is used by many individuals and companies to make large purchases that they could not ...

Debt Collection FAQs | Consumer Advice - Federal Trade Commission

Is a debt collector calling? What can you do? What are your rights? The Fair Debt Collection Practices Act (FDCPA) makes it illegal for debt collectors to ...

What laws limit what debt collectors can say or do?

The FDCPA prohibits debt collection companies from using abusive, unfair, or deceptive practices to collect debts from you.

Understanding the Fair Debt Collection Practices Act | LegalZoom

FDCPA provisions · False statements and misrepresentation. Debt collectors cannot lie in order to collect a debt. · Unfair practices. This ...

Understanding the National Debt | U.S. Treasury Fiscal Data

The national debt is the amount of money the federal government has borrowed to cover the outstanding balance of expenses incurred over time. In a given fiscal ...

Understanding Debt Collection Regulations | Thomson Reuters Legal

Impact for debt collection. “Prior express consent,” required for any calls to cell phones regulated under the TCPA, does not have a clear statutory definition, ...

Understand how the CFPB's Debt Collection Rule impacts you

The Fair Debt Collection Practices Act makes it illegal for debt collectors to harass or threaten you when trying to collect on a debt. In ...

Debt Collection Laws - NYC Bar Association

Debt and debt collection laws cover: the creation of debts; disputes regarding payment of debts; reporting of debt on credit reports; and the methods of ...

Navigate Debt Collection Laws: Your Guide to Rights and Protections

In financial terms, debt refers to the money borrowed by one party from another. It's a tool used by individuals and businesses alike for making large purchases ...

debt | Wex | US Law | LII / Legal Information Institute

Debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor. Debt is mainly composed of two elements: principal and ...

Fair Debt Collection Practices Act | Federal Trade Commission

Fair Debt Collection Practices Act · (a) Abusive practices · (b) Inadequacy of laws · (c) Available non-abusive collection methods · (d) Interstate commerce · (e) ...

Understanding legal terms in debt collection cases | California Courts

Cause of action The Complaint will list one or more causes of action. This is a legal term for the reason why the plaintiff says you owe something.

10 ways the Fair Debt Collection Practices Act protects you - Britannica

The Fair Debt Collection Practices Act of 1977 established rights for debtors & banned abusive debt collection practices. Knowing your rights is crucial for ...

Understanding Bankruptcy | United States Bankruptcy Court

Bankruptcy is a set of federal laws and rules that can help individuals and businesses who owe more debt than they can pay. Each of the 94 federal judicial ...

What's the Statute of Limitations on Debt? | MMI

Knowing that you're beyond the period defined by your state's statutes gives you a solid argument why you're no longer responsible to pay the ...

Understanding Debts | Law Office of Robert L. Firth

A secured debt is secured by a lien—a legal right against—that property or possession you own. Most of the time you know whether or not a debt ...

SUMMARY OF THE FAIR DEBT COLLECTION PRACTICES ...

... law was willful and knowing, the creditor or debt collection agency is also liable, in an individual (non-class) action only, for a penalty (sometimes ...

Understanding the Debt Collection Statute of Limitations

The statute of limitations creates a time limit on how long a given creditor has to take legal action against a debtor to collect the outstanding debt. Once ...

Understanding Coerced Debt - Center for Survivor Agency & Justice

Coerced Debt: The Role of Consumer Credit in Domestic Violence. California Law. Review, 100, 1-74. 2. Stark, E. (2007). Coercive control: The entrapment of ...