The FDCPA or Fair Debt Collection and Practice Act came into force in the year 1978. Being one of the significant US statutes, the FDCPA defends people from any sort of misconducts caused by collection agencies or debt collectors.
The Fair Debt Collection and Practice Act lays down certain rules and restrictions that a debt collector must comply with. Make sure that whenever the debt collectors get in touch with you, they must reveal their name as well as the company's name to which they belong. These details can only ensure their actual identity. All these are in fact mandatory since every customer must know the actual identity of their respective dealers. Most importantly, you must always have a look at their identification certificate that should necessarily contain the name of the creditor as well as the company address where you actually owe the payment.
There are also certain rules and regulations that must be obeyed by all debt collectors as per the Fair Debt Collection and Practice Act. First of all, they are not allowed to contact you personally through phone. If you have sent them any written notice and had asked them not to call you any further, they must obey your orders. They should never compel you to involve in any sort of reluctant conversation. According to rule, they must not visit your work place especially after being informed. To know everything on Fair Debt Collection and Practice Act, you can get in touch with any of the debt agency holders and know everything.
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