What Is The Fair Debt Collection Practices Act And Who Does It Apply To?

The Fair Debt Collection Practices Act (FDCPA) is a federal law designed to control how debt collectors and attorneys seek to collect debts owed to their clients. It is extremely important for you to know the FDCPA only applies to consumer debt. That means it does not apply to the collection of commercial business debts.

Certainly, that’s not to say a commercial debt collector is permitted to employ any means necessary, or do anything they see fit, in order to recoup their client’s accounts receivables. The Uniformed Commercial Code is the prime resource for rules governing commercial collections, but both state and federal laws can play a role, too.

The Jayaram Law routinely and successfully assists its clients in their business-to-business collection needs.  We take pride in obtaining payment on accounts receivable without fracturing critical business relationships or engaging in time-consuming and costly litigation efforts.  If you need business debt collection services conducted in a professional manner, contact our B2B debt collection law firm.