Why Can’t Courts Agree to the Definition of Debt Collector Under the Fair Debt Collection Practices Act?
By Jeffrey A. Schreiber and Vincent P. Reed
After 46 years since “debt collector” was defined in the federal Fair Debt Collection Practices Act, 15 U.S.C. 1692-1692p (“the Act”), why do courts still disagree with its meaning? The Act was enacted prior to the consumer debt buyer industry matured. Consequently, the legislative […]