FDCPA/CFPB Compliance In Collections

Insurers, government agencies, commercial entities, health care providers and other clients in our collections law practice can rest assured that our procedures comply with all relevant laws and regulations. In particular, our quality assurance methods ensure compliance with the Fair Debt Collection Practices Act ( FDCPA) and requirements of the Consumer Financial Protection Bureau (CFPB). Both are federal initiatives, and are designed to protect consumers as follows:

The FDCPA, originally passed in 1977, aims to provide legal protection from abusive debt collection practices. The guidelines in the FDCPA stipulate how debt collectors may conduct business, and assigns penalties and remedies to collectors who violate those stipulations.

The CFPB was established in 2010 and its first director was appointed by President Barack Obama. As defined by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which set parameters for the bureau's functions, its purpose is to eliminate "unfair, deceptive, or abusive acts or practices" through methods used to collect on consumer debts. It is designed to "promote fair debt collection, and...provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure [its] accuracy." (Source of quotes: CFPB website.)

Our clients naturally want to avoid any trouble that might come to them through collections carried out in their names. Delev & Associates, LLC, takes seriously our responsibility to consumers as well as to our clients in collection practices involving:

Collection Lawyers Serving Ohio — Consumer Financial Protection Bureau And Fair Debt Collection Practices Act Compliant

Our Cincinnati attorneys will gladly answer any questions about our FDCPA-compliant and CFPB-compliant collection practices. To request a consultation, please call 1-800-593-8453 or 513-277-0816 or contact us through this website.