Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act was enacted to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect consumers against debt collection abuses.
Anyone who has operated a small business for any length of time has had the problem of collecting on bad debts at least once.
Attorney Shane Jimson at the Virginia Law Blog has a great post on How to Minimize your Uncollected Bills.
One preventative tip that Shane shares is to (more…)
