The Fair Debt Collection Practices Act Requires a Debt Collector

question 36

Multiple Choice

The Fair Debt Collection Practices Act requires a debt collector to provide the consumer with a written notice.What information must be contained in this notice?

• A) The amount of the debt,with interest and penalties clearly delineated
• B) The name of the current creditor and former creditor
• C) A statement informing the consumer that he can request verification of the alleged debt
• D) A copy of the original credit contract with the original creditor

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Definitions:

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An acquisition attempt by a company or investor group to obtain control of a target company against the wishes of its management and board of directors.

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