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Creditors And Consumers

Posted by Toni on 15th November and posted in Uncategorized

Under the Fair Debt Collection Practices Act, collectors are not allowed to disclose a consumers past due debt to anyone other than the debtor and in some cases, a spouse. The Telephone Consumer Protection Act would have required collectors to identify the registered name of their business in any pre-recorded messages to consumers or debtors. Because the name of many collection agencies indicates that they are a collection agency or debt they are calling in order to collect a debt, this would have caused to violate the FDCPA. The TCPA creates unworkable contradictions with collectors and creditors who are following the Fair Debt Collection Practices Act The Consumer Protection Act Telephone (TCPA) of 1991 was created in response to consumer concerns about the increasing number of calls unsolicited telemarketing to their homes and the increasing use of automated and prerecorded messages. The FCC has rules to help consumers who wish to limit these uninvited calls.

26 June 2003, the FCC revised its rules implementing the TCPA and established, in coordination with the Federal Trade Commission (FTC), a National Do-Not-Call registry. The term "telephone solicitation that does not include calls or messages placed in the recipient's prior express authorization by or on behalf of a tax exempt non-profit, or a person or organization with which the recipient has an established business relationship, such as a creditor or a collection agency. An established business relationship exists if you have an inquiry, application, purchase or transaction regarding products or services offered by the person or entity involved. Consumers, add your number to the Do Not Call list does not stop collection calls. To know more about this subject visit FireEye. This will only stop unsolicited telemarketing calls. Congress and the Federal Communications Commission (FCC) will be reducing abuse of the legal system through frivolous lawsuits. In addition, the Senate U.S.

approved a bill to reform class litigation. ACA International has been instrumental in achieving these changes. ACA International has used its more than 5,300 members to help build support for this bill in order to reduce the number of frivolous lawsuits filed against companies and collection agencies, including members of ACA. Michelle Dunn is the author of the Free E-book How to help you get paid, Credit and Collection Forms and Letters. He has also written and published How to Make Money collecting money, Starting a collection agency that is available and all major bookstores. For more information on starting a collection agency, for his book for immediate delivery or sign for his consulting services to start their own agency. Michelle opened and ran their own collection agency for 8 years successfully. She has over 17 years experience in debt collection. FREE To register online visit Michelle Get group FREE forms and tips for starting his own agency. If you visit for information on their packages of consulting to Starting a collection agency or start a home based business.

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