![]() |
Repossession Service News You Can Use
|
|||||||
|
|||||||
Departments: Advertisers Classified Ads Letters to the Editor Repo Discussion Board Repo Help Wanted Ads Repo Law Dog Subscribe for free Article Index Previous Editions: First Edition Second Edition Third Edition Fourth Edition Fifth Edition Sixth Edition |
Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act (FDCPA) is a
federal body of law that defines how a creditor or their representatives
may communicate with a debtor. In the repossession service industry
there are many times where you are communicating with a debtor on behalf
of their creditor, so the FDCPA is is a body of law every repossession
service agent should know and understand.
Every repossession service agent should read and understand the Fair Debt Collection Practices Act. You can read a copy of this law here: Fair Debt Collection Practices Act. Take the time to read the FDCPA it is a body of law that as a repossession service agent, you should completely know and understand. There are several specific parts of this law that would affect how a repossession service agent should conduct themselves. Section 804 deals with "Acquisition of Location Information", or skip tracing as the repossession service industry calls it. Essentially you may not misrepresent yourself as to who you are while calling anyone looking for the debtor. 805.2 states that you may not continue to call a debtor if you know he is represented by an attorney. You can still repossess the car so long as you don't call the debtor. ![]() ![]() What's your opinion? Reader Comments: |
|
|||||
|
|||||||
|
|||||||
|
|||||||