First Major Regulatory and Legislative Victory of 2005 for Creditors and Consumers
Under the Fair Debt Collection Practices Act, collectors are not allowed to disclose a consumers past due debt to anyone other than the debtor and in some cases a spouse. The Telephone Consumer Protection Act would have required collectors to identify the registered name of their business in any pre-recorded messages to consumers or debtors. Since the name of many collection agencies indicates that they are a debt collection agency or that they are calling for the purpose of collecting a debt, this would have caused them to violate the FDCPA. The TCPA creates unworkable contradictions with collectors and creditors who are following the Fair Debt Collection Practices Act.
The Telephone Consumer Protection Act (TCPA) of 1991 was created in response to consumer concerns about the growing number of unsolicited telemarketing calls to their homes and the increasing use of automated and prerecorded messages. The FCC has rules to aid consumers who wish to limit these uninvited calls. On June 26, 2003, the FCC revised its rules implementing the TCPA and established, in coordination with the Federal Trade Commission (FTC), a national do-not-call registry.
The term "telephone solicitation" does not include calls or messages placed with the receiver's prior expressed permission, by or on behalf of a tax-exempt non-profit organization, or from a person or organization with which the receiver has an established business relationship, such as a creditor or a collection agency. An established business relationship exists if you have made an inquiry, application, purchase, or transaction regarding products or services offered by the person or entity involved. Consumers, who add their number to the Do Not Call list, will not stop collection calls. This will only stop unsolicited telemarketing calls.
Congress and the Federal Communications Commission (FCC) will be reducing the abuse of the legal system through frivolous lawsuits. Also, the U.S. Senate approved a bill to reform class litigation. ACA International has been instrumental in getting these changes made. ACA International has used its over 5,300 members to help build support for this bill in order to reduce the number of frivolous lawsuits filed against companies and collection agencies including ACA members.
Michelle Dunn is the Author of the FREE e-book How to Help You Get Paid, Credit & Collection Forms and Letters. She has also written and published How to Make Money Collecting Money, Starting a Collection Agency that is available from http://www.michelledunn.com and all major bookstores. For more information on Starting a Collection Agency, order her book for immediate delivery or sign up for her consulting services to start your own agency. Michelle opened and ran her own very successful collection agency for 8 years. She has over 17 years experience in debt collection. To sign up for Michelle's FREE online networking group visit http://www.credit-and-collections.com. Get FREE forms and tips for starting your own agency.
Please visit http://www.michelledunn.com for information on her consulting packages for Starting a Collection Agency or Starting a Home Based Business.
 Google News Updated : Mon, 06 Oct 2008 08:48:30 GMT Google and Yahoo Ad Deal Delayed - Washington Post
Washington Post - By Peter Whoriskey Google and Yahoo will delay implementation of their joint advertising deal to give antitrust lawyers at the Justice Department more time to review the agreement, the companies said yesterday. Google and Yahoo Delay Ad Deal for Antitrust Review Was the Yahoo-Google Deal a Ploy To Weaken Yahoo? Publ.Date : Sat, 04 Oct 2008 04:54:43 GMT Patriots show their heart in San Francisco - Boston Globe
Boston Globe - By Christopher L. Gasper SAN FRANCISCO - No matter how famous the offensive coordinator, how innovative his game plan, or how dangerous his offense there is one little simple rule of football that will stop any attack - if you don't have it, ... Niners can't solve Patriots' clock-grinding ground game Purdy: Time for a change on 49ers defense Publ.Date : Mon, 06 Oct 2008 07:45:54 GMT Carolina 34, Kansas City 0 - Detroit Free Press
Detroit Free Press - CHARLOTTE, NC -- DeAngelo Williams rushed for 123 yards and scored three TDs, and the Panthers handed the Chiefs their first shutout in nearly six years. Week 5 Revelations NFL: Panthers 34, Chiefs 0 Publ.Date : Mon, 06 Oct 2008 07:35:14 GMT SNL Rides High on Campaign Satire - Wall Street Journal
Wall Street Journal - By REBECCA DANA NBC's "Saturday Night Live" drew another crush of viewers this weekend, with approximately 10 million tuning in to watch comedian Tina Fey's latest sendup of GOP vice-presidential candidate Sarah Palin. Media annoyed with Palin talk Kirby: Your candidate kicked butt Publ.Date : Mon, 06 Oct 2008 04:01:52 GMT OJ Simpson jury: Tapes did football legend in - New York Daily News
New York Daily News - BY NANCY DILLON Jurors, including Dora Pettit (with mike), say they set aside personal feelings and based guilty OJ Simpson conviction on facts. Video: OJ Jury: We Didn't Need Witnesses to Convict OJ Simpson jurors say secret recordings were key Publ.Date : Mon, 06 Oct 2008 06:25:31 GMT Sony Expands E-book Reader Range - PC World
PC World - Sony is introducing a second electronic book reader to its range in the US that comes with upgraded hardware and will go on sale in November. Kindle 2 pictures leaked: Same size, redesigned package Sony PRS-700 E-book Reader: touch-screen display Publ.Date : Mon, 06 Oct 2008 02:22:07 GMT Bailout Provides More Mental Health Coverage - New York Times
New York Times - By ROBERT PEAR WASHINGTON - More than one-third of all Americans will soon receive better insurance coverage for mental health treatments because of a new law that, for the first time, requires equal coverage of mental and physical illnesses. Kevin Cullen Benevolence amid an orgy David McMillian: Mental illness can strike anyone, anytime Publ.Date : Mon, 06 Oct 2008 06:25:13 GMT Amazon Content |
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