….that if a debtor contacts you and says that the debtor you are collecting on is a result of identity theft, that you have a duty to: 1. report to your client that the debt may be the result of identiity theft and 2. provide the alleged debtor with all of the information you have on the account? I just found this out recently. I have been looking at the Fair Credit Reporting Act lately (“FCRA”). When it was modified in 2004 by FACTA, this requirement was put into the FCRA. I only bring htis up because it is definitely a trap for the unwary collector. You would think ( or at least, I do) that anything having to do with collectors would be contained in the Fair Debt Collection Practices Act, right? WRONG! So be careful.
However, if you follow my blog, you are more likley to stay out of trouble, right? 🙂