The Alabama Fair Debt Collection Practices Act, is enforced in conjunction with other Alabama’s consumer protection laws and the Federal Fair Debt Collection Practices Act.
Alabama Debt Collection Statute (Alabama Fair Debt Collection Practices Act § 40-12-80. Collection agencies)
Each collection agency shall pay the following license tax: In towns and cities of 20,000 or more inhabitants, $100; in towns and cities of less than 20,000 inhabitants, $25. Each person who shall employ agents to solicit claims for collection from persons, firms, or corporations in the state shall be deemed a collection agency within the meaning of this section. This section shall not apply to any person who is excluded from the definition of the term “debt collector” under the federal Fair Debt Collection Practices Act, 15 U.S.C. § 1692a (6).
Thanks to lawmakers and federal banking regulators, your credit card monthly statements have to carry more details than before. Credit Card Act of 2009 has mandated certain disclosures. Now the new statements are designed to be more reader-friendly and help credit cardholders easily find important information on their monthly statements. Displayed are payments due, the [...]
The Fair Debt Collections Practices Act (FDCPA) came into existence to protect consumers against unfair and unethical practices of debt collectors. Enforced by the Federal Trade Commission (FTC), the FDCPA is a federal statute that shields consumers from unscrupulous debt collection methods.Debt Collectors resort to harassment of consumers and violate the FDCPA. Despite your debt, [...]
Three very important steps to stopping of debt collection are identifying whether you owe a debt or not, reviewing your right and taking action of your right has been violated. The Fair debt Collection Practices Act (FDCPA) was established by the Federal Trade Commission (FTC) to ensure fair debt collection practices. The FDCPA is enforced [...]
When debt collectors harass you, they have broken the law! The Fair Debt Collection Practices Act, FDCPA, is a law that protects individuals from overzealous debt collectors and dishonest collection agencies practices. Some common illegal strategies by debt collectors are: Calls to you at work Calls to you at home at late hours. Threats to [...]
