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Fair Debt Collections Practices Act
by Jim Bedsole
BIO AND CONTACT INFO
Question: Do you know where I could obtain a sample Fair Debt Collection Practices Act policy?
Answer: Kirchman has a model policy in their Big Orange Book (http://www.kirchman.com/comply/). Not sure if you are looking for a policy for those that are deemed to be "debt collectors" under the act or not. The Kirchman model is for banks that do NOT wish to be classified as a "debt collector" and therefore not subject to the act (although I know in SC at least, state law applies basically the same debt collection requirements in FDCPA to lenders collecting their own debts).
First published on BankersOnline.com 10/1/01
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