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Kenner Debt Collection Agency Blog

US Supreme Court mulls whether FDCPA applies to debt buyers

When the Fair Debt Collection Practices Act was first passed in 1977, a distinction was made between those who are collecting on debts owed to themselves and those collecting on behalf of other entities. The idea was that creditors who collect on their own behalf are more likely to behave. They are far less likely to use deceptive or abusive tactics, the argument goes, because the debtor is their own customer.

Debt collection agencies, on the other hand, had been known to use a variety of collection practices that are considered unfair, including the use of abusive or harassing language, calling debtors at times known to be highly inconvenient, and bypassing debtors' attorneys in violation of the law.

New changes being made to IRS debt collection policies

When a person has a significant amount of debt, they often find themselves in a heightened state of vulnerability. In an effort to respect every individual's circumstances and to prevent fraud, the Internal Revenue Service has tried to remain transparent in their processes.

Unfortunately, many citizens are not familiar with IRS policies and they fall victim to fraud schemes. These schemes often involve people impersonating IRS workers who pressure indebted individuals into sending out large amounts of money that they supposedly owe. Many people are concerned that new IRS policies will make this easier for criminals.

Can collections be fast and efficient?

Debt collecting is an intensive process that keeps you away from doing what you do best: running and growing your business. It does not help that there are so many rules that need to be followed. If you make one misstep and fall onto the wrong side of laws like the Fair Debt Collection Practices Act (FDCPA), you could seriously damage your business.

But you need your cash flow to keep flowing.

Can a debt collection letter violate the FDCPA?

In the quest to collect a debt, one of the most common tools is the debt collection letter. However, the content of that letter must be carefully crafted in order to ensure it adheres to the Fair Debt Collection Practices Act (FDCPA). An article from InsideARM demonstrates how a novel attempt to collect a debt can land a debt collector in hot water.

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Phone: 504-305-3103
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