Clearing the Doubts about RFDCPA
Are you wandering to know about RFDCPA?? Then let me help you with some useful details.
RFDCPA or Rosenthal Fair Debt Collection Practice Act is the fair debt collection act of the California state. It primarily works according to the Federal Fair Debt Collection Practice Act (FDCPA). The only difference in California is it is dealt by federal act as well as state acts.
The rules of RFDCPA are:
Debt collectors should send notifications to the borrowers in the very first contact regarding the unpaid bill amount.
There is a five day notification period after each of the telephonic contacts or general meeting or written applications.
It is compulsory for the debt collectors to include each of the following information in the notifications they send, such as:
- Creditor’s name
- Detailed information about the collection agency, like: name and contact details etc
- Date on which the notice is being mailed
- Total due amount
According to the RFDCPA, the debt collection agency can contact the employers of the borrowers to find out the details of the employment of the borrowers.
Under this law there is a provision that allows the borrowers to legally stop the unwanted calls or visits of the debt collectors at their work place. For this, the borrower must write a notification to the debt collector informing about the matter.
This law has been made to stop the illegal or deceptive practices of debt collectors for colleting debt from the borrowers. This law is also made to ensure that debt collectors and debt borrowers will perform their responsibilities with genuineness, honesty and in the most civilized way they can.
RFDCPA is obviously meant for the common mass. It is duty of each person to obey by the rules. Moreover, the life is yours and you’re the whole and sole responsible of where will you lead it!!