Congress enacted The Fair Debt Collection Practices Act (FDCPA) in 1978 as part of the Consumer Credit Protection Act to eliminate abusive practices in the collection of consumer debts. Mason, Schilling & Mason Co., LPA has extensive experience assisting financial institutions that encounter threats under the FDCPA. Since the act’s passage, our knowledgeable attorneys have asserted the rights of creditors to act in good faith to collect monies owed. The firm provides clients with:
Like many federal statutes, the FDCPA contains many internal contradictions that raise questions about how the law applies to particular creditors and debtors, and unfortunately, case law has not produced adequate answers. Additionally, parts of the law need to be updated in light of more than 30 years of technological advancement. MSM provides clients with accurate and reliable analysis of the FDCPA to ensure that creditors’ protocols and procedures remain in compliance.
If your financial institution needs advice on FDCPA compliance or defense counsel for an administrative hearing or civil lawsuit, call MSM today at 513-489-0829 or contact the Cincinnati office online.