Use this button to switch between dark and light mode.

Debt Collection: A State Law Survey

April 30, 2024 (3 min read)

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have authority to enforce the Fair Debt Collection Practices Act (FDCPA) and take action against any debt collector who fails to comply with the FDCPA. While financial institutions and debt collectors must comply with the FDCPA, collectors must also be familiar with applicable state laws and regulations governing debt collection. Access this state law survey to gain an understanding of permissible and prohibited debt collection activities in each of the 50 U.S. states and the District of Colombia.

Read here »

Related Content          

  • Legal Framework for U.S. Consumer Regulatory Law
    Access this practice note for a comprehensive review of the federal legal framework for financial institutions and entities that provide consumer financial services. The practice note also examines the role of the CFPB and other agencies in regulating and protecting consumer rights.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

  • Trends & Insights provides the latest in news articles and insight documents on trending areas for financial service organizations including CFPB, FTC Urge 11th Circ. To Rule Against 'Pay-To-Pay' Fees.
  • Fair Lending Regulation Resource Kit provides links to practice notes, checklists, articles and guidance on key issues, laws, and regulations applicable to in-house lawyers and counsel advising on fair lending laws.
  • State Law Comparison Tool—Topic: Financial Institution Regulation allows the practitioner to compare key state laws and regulations. The tool covers licensing and capital requirements, conditions to doing business in the state, AML/CFT guidelines, recordkeeping, supervision, and enforcement authority, for banking and non-banking institutions.
  • For related Practical Guidance content on important recent trends, please review these easy-to-use Resource Kits on a variety of emerging topics:
  • Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client relationship, an overview of privacy regulations in the United States, and a primer on the new Corporate Transparency Act requirements.
  • Learn about the 2000+ leading attorney authors contributing to our 26 practice areas in the Practical Guidance Author Center. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
  • Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content. 
  • Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
  • Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+