Compliance

FDCPA (Fair Debt Collection Practices Act)

The Fair Debt Collection Practices Act is the federal law governing how third-party debt collectors may communicate with consumers about personal debts. It prohibits abusive, deceptive, and unfair practices, restricts contact times and methods, and gives consumers rights to dispute and verify debts.

What FDCPA (Fair Debt Collection Practices Act) means for creditors

The FDCPA applies to third-party collectors, not the original creditor — which is exactly why creditors partner with agencies that live and breathe compliance. MSB's FDCPA training and monitoring shield clients from vicarious liability.

Legal reference: 15 U.S.C. § 1692 et seq.

Midwest Service Bureau has recovered commercial, medical, utility, and government debt for creditors nationwide since 1970 — on a no-recovery, no-fee basis. Questions about fdcpa (fair debt collection practices act) or a portfolio you'd like reviewed? Call (800) 362-0272.

Related terms

• Cease Communication Request
• Regulation F
• Validation Notice

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