Asked by Zachary Smith on Jun 28, 2024
Verified
A collection agency is prohibited from:
A) calling the debtor in the middle of the night.
B) calling the debtor from 5-6 p.m. when he is likely to be eating dinner.
C) threatening to sue if it actually intends to do so.
D) contacting third persons to find out the whereabouts of a debtor.
Collection Agency
is an organization that pursues the collection of debts owed by individuals or businesses on behalf of creditors.
Threatening to Sue
Expressing an intention to initiate legal action against someone.
- Understand the protections and processes afforded by the Fair Debt Collection Practices Act.
Verified Answer
OO
oluwanifemi oluwagbemilaJul 01, 2024
Final Answer :
A
Explanation :
Collection agencies are prohibited from calling debtors at inconvenient times, such as the middle of the night, according to the Fair Debt Collection Practices Act (FDCPA). Calling during dinner time is not specifically prohibited, threatening to sue if the agency actually intends to do so is allowed, and contacting third persons for location information is permitted under certain conditions.
Learning Objectives
- Understand the protections and processes afforded by the Fair Debt Collection Practices Act.
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