What is collection defense law?

Collection defense law in South Dakota is a legal term that refers to a set of laws, regulations, and procedures designed to protect consumers from unfair and predatory debt collection practices. It typically includes regulations governing the amount and type of fees and charges creditors can impose on consumers, as well as requiring notices before any debt collection activity can take place. Additionally, collection defense law prohibits debt collectors from using language that is abusive, false, or deceptive when trying to collect on a debt. Collection defense laws also ensure that creditors are held to the same standards of professionalism when attempting to collect on a debt as they do when providing a contract to consumers. This includes notifying the consumer of the debt and the right to dispute it, as well as allowing the consumer to dispute the validity of the debt and provide proof that the debt is not valid. Finally, collection defense law in South Dakota allows consumers to file a complaint with the Consumer Financial Protection Bureau or the Office of the Attorney General if they feel a debt collector is violating the law. This could lead to fines or other punishments being leveled against the debt collector. By doing this, the law helps protect consumers from unfair and predatory debt collection practices.

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What is collection defense law?

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