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What is the Fair Debt Collection Practices Act (FDCPA)?

The FDCPA applies to everyone who collects consumer debts for someone else, including attorneys who collect consumer debts. While creditors collecting their own accounts are excluded from the act, most creditors follow the act's mandates and prohibitions in the interest of using sound and fair business practices. The FDCPA requires that debt collectors treat debtors fairly and prohibits certain methods of debt collection. Of course, the law does not erase any legitimate debts that are owed.

Other Indiana Collections-Creditors Rights FAQs

Q: What Are The Credit Consequences Of Voluntary Repossession?
A: There are no credit implications for a voluntary repossession. Credit is damaged by not making payments; not surrendering the car. As part of the voluntary … More
Q: Can An Employer Deduct Wages Towards A Judgment For The Creditor?
A: The employer has no obligation to make deductions from an employee's pay unless and until it receives a court order to do so. A judgment against the employee by a … More
Q: What Is The Maximum Amount That May Be Withheld From An Employee's Pay Pursuant To One Or More Garnishment Orders?
A: Under state law, with the exception of support orders, the total weekly amount that may be withheld for the payment of one or more garnishments cannot exceed the … More

Collections-Creditors Rights Sub-categories

Chex Systems
Collections
Creditor Remedies in Bankruptcy
Debt Collections
Enforcement of Judgments
Fair Credit Reporting Act
Fair Debt Collection Practices Act

Identity Theft
Judicial Remedies
Mortgage Foreclosure
Non-Judicial Remedies
Secured Transactions
Types of Creditors