• Update on Debt Collection Issues and Developments
  • November 29, 2012 | Authors: Mike Voorhees; Sharon Voorhees
  • Law Firm: Shelton Voorhees Law Group - Oklahoma City Office
  • The Fair Debt Collection Practices Act is found at 15 U.S.C. ยง 1692, will be referred to as the Act or FDCPA, and will be referred to by section number only. The purpose of the Act is seemingly simple: "...to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect consumers...". However, the FDCPA has been described as a misdirected and poorly drafted statute, and has resulted in unforeseen consequences that go well beyond the original purposes.