According to the Fair Debt Collection Practices Act,debt Collectors Cannot

question 61

Multiple Choice

According to the Fair Debt Collection Practices Act,debt collectors cannot

• A)call you before 10:00 a.m.
• B)call you after 7:00 p.m.
• C)contact you after you ask them in writing to stop contacting you.
• D)tell you who they are.

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Definitions:

Debtor

An individual or entity that owes money to another entity or individual.

Debtor in Possession

A business entity that retains control of its assets and continues operations while undergoing a reorganization under bankruptcy laws.

Trustee Functions

The roles and responsibilities carried out by a trustee, typically involving managing assets held in trust on behalf of beneficiaries.

Bankruptcy

A legal status for individuals or entities that cannot repay the debts they owe to creditors, leading to a court-managed distribution of assets to creditors.