The Fair Debt Collection Practices Act (FDCPA) is a federal law that limits the behavior and actions of third-party debt collectors who are attempting to collect debts on behalf of another person or entity. The law, amended in 2010, restricts the means and methods by which collectors can contact debtors, as well as the time of day and number of times contact can be made.

 

If the FDCPA is violated, a suit may be brought within one year against the debt collection company and the individual debt collector for damages and attorney fees. The act only applies to third-party debt collectors, such as those who work for a debt collection agency. Credit card debt, medical bills, student loans, mortgages, and other household debts are covered by the law. The FDCPA states the following:

 

• When and how often a third-party debt collector can contact a debtor

• In some cases, a debt collector can work out a payment plan or settlement to help a debtor pay their bill

• If the FDCPA is violated, a debt collector can be sued in state or federal court for damages and legal fees within one year of the violation

• How much money is owed

• The name of the creditor the debt is owed to

• What to do if you think the debt is not yours