The Fair Debt Collection Practices Act (FDCPA), approved on September 20, 1977, is a consumer protection amendment, establishing legal protection from abusive debt collection practices to the Consumer Credit Protection Act, as Title VIII of that Act. The Act creates guidelines under which debt collectors may conduct business, defines the rights of consumers involved with debt collectors, and prescribes penalties and remedies for violations of the Act.
It’s a federal law that limits the behavior and actions of third-party debt collectors who are attempting to collect debts on behalf of another person or entity.
Date: May 21, 2024
Time: 1:00am-12:00pm EST
Registration: Registration is per-participant
Agenda:
During this webinar, we will discuss an overview of the FDCPA, history, provisions, recent updates and how it came about. Also, how FDCPA relates to all levels of staff. We will also discuss the current regulatory & economic environment to help us determine what 2024 could look like.
- Overview of Fair Debt Collection Practices Act
- Key provisions that could be implemented
- Customer Rights: actions that can be taken
- Enforcement: we must learn from others.
- Takeaways
Audience: Anyone in the following functions:
- Compliance
- Legal
- Risk Management
- Operations
- Technology
- Anyone in a debt collection role
Related Topics
Instructor
Justin Muscolino
Justin brings over 20 years of wide-ranging experience in compliance, training and regulation in the banking sector. Previously he served as Bank of China’s Head of Compliance Training, Macquarie Gr... read more.