Collection of Consumer Loans (OnDemand Webinar)

$149.00

SKU: 409951EAU

Description

Gain a better understanding of the FDPCA, its applicability and requirements, and liability for noncompliance with this law.The Fair Debt Collection Practices Act (FDCPA) was enacted in 1978. The purpose of the FDCPA is to eliminate abusive, deceptive, and unfair debt collection practices. The FDCPA also protects reputable debt collectors from unfair competition and encourages consistent state action to protect consumers from abuses in debt collection. The DoddFrank Act granted rulemaking authority under the FDCPA to the Consumer Financial Protection Bureau (CFPB) and granted authority to the CFPB to supervise for and enforce compliance with the FDCPA. This course will review the FDCPA and its applicability to the collection of consumer loans, as well as its key components, an overview of the interplay of the FDCPA and state law, and an overview of state laws on collection practices. Gain insight into the contours of the FDPCA, its applicability and requirements, and liability for noncompliance with this law, as well as the interplay of this federal law with state laws.

Date: 2022-08-11 Start Time: End Time:

Learning Objectives

Overview of the Fair Debt Collection Practices Act (FDCPA)

Debts That Are Covered by the FDCPA

Debt Collectors That Are Covered by the FDCPA

Communications Connected With Debt Collection
• When, Where, and With Whom Communication Is Permitted
• Communicating With the Consumer
• Ceasing Communication With the Consumer
• Communicating With Third Parties

Validation of Debts

Prohibited Practices
• Harassing or Abusive Practices
• False or Misleading Representations
• Unfair Practices
• Legal Actions by Debt Collectors
• Furnishing Certain Deceptive Forms

Legal Liability
• Civil Liability
• Defenses
• Jurisdiction and Statute of Limitations

State Law
• Relation to State Law
• Exemption for State Regulation
• State Laws on Collections

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

James Milano-Weiner Brodsky Kider PC