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Re: FDCPA- WHICH "DEBT COLLECTORS" ARE EXCLUDED


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Posted by Razor (65.33.36.192) on April 01, 2002 at 21:03:32:

In Reply to: FDCPA- WHICH "DEBT COLLECTORS" ARE EXCLUDED posted by Why Chat on April 01, 2002 at 20:26:42:

The FDCPA does not apply to inhouse collector operating under the same name and license of the creditor. e.g. Joe shmoe who works for Lame Credit Co is trying to collect a debt for his company is exempt.

Collection agencies that are subsidiaries of the creditor are not exempt. e.g. Household recovery is owned by household bank and collect for them and beneficial. They fall under the FDCPA.

Confusing i know.


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