About This Course
Are ethical concerns really a factor in debt collection? While debt collection might not always have a positive connotation, it plays a critical role in maintaining the financial stability of creditors. For individuals and businesses owed money, it can be crucial.
There are specific ethical guidelines—primarily outlined in the Fair Debt Collection Practices Act (FDCPA) for consumer debt, and in the Rules of Professional Conduct for commercial collections and legal services—that attorneys and debt collectors must adhere to. This CLE program offers a concise overview of these ethical requirements and provides practical tips for maintaining compliance throughout the collection process.