What is a debt collector’s duty to disclose?

In Kansas, debt collectors have a duty to disclose certain information to consumers. It is important for consumers to know their rights when dealing with debt collectors. Debt collectors must inform consumers of important information, such as their rights regarding any disputed debt, their rights to obtain a validation notice, and their rights to dispute the debt. The validation notice must include the name of the original creditor, the total amount owed, and the portion of the debt that has been paid. Debt collectors are also required to disclose the date of the last payment, the date of delinquency, and the date of the delinquency that caused the debt to be reported to a credit bureau. Debt collectors must also provide a statement that the consumer has the right to dispute the debt, as well as the right to request a verification or validation of the debt. Debt collectors must also provide consumers with certain disclosures related to fees and interest that may be included in their debt. Consumers have the right to know any fees, interest rates, or other additional charges that may be added to their debt. Finally, debt collectors must disclose the name of the debt collector and any related collection agency. It is important for consumers to know who is collecting the debt so they can dispute any inaccuracies. This allows consumers to protect their rights and ensure that debt collectors are following the law.

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What is a debt collector’s duty to disclose?

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