Are debt buyers covered by the FDCPA in a collection lawsuit?

“A debt buyer claims to have bought my old debt and has sued me now. Does the FDCPA apply if the debt buyer owns the debt?”

debt buyersThis is a question that gets asked fairly often by Alabama consumers.

Let’s talk about this.

The FDCPA (Fair Debt Collection Practices Act) covers debt collectors.

Companies such as Asset Acceptance, CACH, LVNV, Midland, Velocity, etc. are covered by this.

These guys are also known as “debt buyers.”

There are plenty of them out there, and they (claim to) buy up various debts.

When we deal with these guys, they like to claim that they aren’t a debt collector because they own the debt.

However, this is a bogus argument. Debt buyers are debt collectors under the FDCPA.

The FDCPA covers collection lawsuits by debt buyers.

Since the FDCPA covers debt collectors, it makes sense that it would also cover collection lawsuits that are filed by debt buyers.

Most of these debt buyers actually do very little in terms of traditional collection outside of suing you and credit reporting.  But that is more than enough to be able to sue them under the FDCPA when they break the law.

We have filed countless FDCPA lawsuits against these debt buyers because of what they have done in these collection lawsuits.

So, where does this leave us?

Discover your rights and options. 

If you’re dealing with a debt buyer in any way, then you need to figure out your plan of action against these guys.

Contact Us.

If you have any questions about what we’ve covered in this article, please give us a call at 1-205-879-2447.

Or fill out a contact form and we will get in touch with you as soon as possible.

You can also browse our other articles on debt buyers.

We will be glad to help you figure out your best course of action and answer any of your questions.

I look forward to chatting with you!

Have a great day.

-John G. Watts

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