Consumer Collections

According the Federal Reserve, there are 59.5 Billion debit or credit card swipes a year in the United States. That boils down to 165 million swipes/day; approximately 15% of which occur in Texas (25 million/day; 1.8 million/hour; 30,000/minute; 500/second). That’s a lot of plastic, and much of this article will be geared to the type of consumer debt that is created in the retail debt arena. However, “any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance or services which are the subject of the transaction are primarily for personal, family, or household purposes” is likely a consumer debt.

2- Consumer Collections (Scott).pdf

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15 U.S.C. §1692 15 U.S.C. §1692A 15 U.S.C. §1692A(6)(A)15 U.S.C. §1692D 15 U.S.C. §1692E 15 U.S.C. §1692K 4% Rule Test For Being a Collection Attorney Attorney'S Fees Standard Under Fdcpa Collections Consumer Debt Definition Standard Debt Collector May Acquire Debt In Default Doctrine Debt Collector May Collect Consumer Debt Unknowingly Doctrine Dodd-Frank Act Fair Credit Reporting Act Fair Debt Collection Practices Act False Or Deceptive Representation Prohibition Under Fdcpa Fdcpa Applicability Test Fdcpa Prohibition on Engaging In Conduct That Naturally Leads To Harassment Fdcpa Prohibition on Using False, Deceptive, Or Misleading Representation Gramm-Leach-Bliley Act Harassment Prohibition Under Fdcpa Legal Standard For Regularly Engages In Consumer Debt Collection Activity Open To Interpretation Standard For Statutory Terms Quasi-Strict Liability Doctrine Substance Over Form Principle Tex. Fin. Code §360 Texas Debt Collection Act Third-Party Debt Collector Doctrine