Fair Debt Collection Practices Act

FDCPA protects consumers from unfair and aggressive collection efforts by lenders. It pertains to most mortgage servicers and 3rd party collection agents rather than in-house collection agents. Lenders found to have violated state or federal collection laws may be subject to damage awards which could potentially offset your mortgage delinquency. When Congress enacted FDCPA it found and stated in the Act that…

There is an overwhelming amount of evidence that the use of abusing, deceiving, and flagrantly unfair practices of debt collection by collectors occurs on a continual basis. Practices involving abusive debt collection definitely play into and increase the amount of bankruptcies, divorces, loss of jobs, and invasions of privacy experienced by its victims.