California Consumers To Receive New Protections Starting January 1, 2014

The California General Assembly on July 1, 2013 passed the Fair Debt Buying Practices Act by a unanimous vote, ushering in a new set of protections for consumers dealing with debt collectors.
The bill, which becomes effective as of January 1, 2014, will require debt buyers to have in their possession a significant amount of account information before debt collection efforts can begin.
In addition, debt buyers who collect against California consumers must also use very specific language in their debt collection communications.
Hat tip to the folks at InsideARM, a trade publication for the debt collection industry, for the information. We’ll be dissecting the Fair Debt Buying Practices Act in the coming weeks and months, helping you understand this new and powerful law better.
California Consumers To Receive New Protections Starting January 1, 2014 was originally published on Consumer Help Central. If you're seeing this message on another site, it has been stolen and is being used without permission. That's illegal, a violation of copyright, and just plain awful.