Collection Laws
Many states impose responsibilities, liabilities and penalties upon companies for activities of debt collectors engaged by them in the collection of debts. You need to know the collection laws and state debt collections law.
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You can be held accountable for what your collection attorney does or doesn't do. You must know the collection laws, and the information here can reduce your liability by giving you the state debt collections law information for making informed decisions. Please study the collections laws listed below and make sure your collection lawyer abides by them to the letter.
To view the major Federal collection law click on the following link:
Fair Debt Collection Practices Act
Debt collections law vary, and knowing the right collection law for your state and your debtor's state is essential. Here you can read up on: Statute of Limitations, Judgments, Garnishments, Interest Rates, Bad Check Laws and Collection Agency Requirements on a state-by-state basis:
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