Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Similar to the federal Fair Debt Collection Practices Act (FDCPA), California’s “Rosenthal Fair Debt Collection Practices Act” (RFDCPA) has historically regulated the manner in which debt collectors ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

On October 1, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion aimed at debt collectors and emphasizing their obligations under the Fair Debt Collection Practices ...

Debt collection can feel intimidating, especially when the communication is aggressive or unclear. You might worry about what’s allowed and what crosses legal boundaries. Under **U.S. federal law**, ...

The Consumer Financial Protection Bureau is planning to revoke an advisory opinion warning debt collectors — including third-party revenue cycle management companies — that they are violating federal ...

Debt collection activity has intensified significantly over the last year, and with borrowers now carrying over $1.23 trillion in collective credit card debt and household financial stress at elevated ...

A debtor is a company or individual who owes money to a lender. Debtors are also often referred to as borrowers. Read about the laws that protect them.