Best Answer

debt collection in this state is also a federally mandated industry and highly regulated. The FDCPA is a federal guidline and law that governs how floridians can be treated when they owe a creditor money. Please look on internet and find a copy of this. They will be held to the strickest of standards. If you are being harrassed, then try to tape record coversations and catch them in the act. You could very easily find yourself settling this matter out of court and allowing them to pay your debt for you.

State Statutes of Limitations for Debt Collection

A statute of limitations sets forth the maximum period of time, after the debtor becomes delinquent, that legal proceedings (law suits) can be initiated. After the times shown below, a court will throw out any lawsuit.

User Avatar

Wiki User

โˆ™ 2013-09-11 20:03:12
This answer is:
User Avatar
Study guides
See all Study Guides
Create a Study Guide

Add your answer:

Earn +20 pts
Q: What are the Florida laws on debt collection?
Write your answer...
Related questions

Does law cover commercial collections?

Federal Collection Laws regulate collection laws and practices, for consumer or business debt. Federal Collection Laws are also known as Fair Debt Collection Practices Act (FDCPA)

Is there a statute of limitations on debt collection in Florida?

Yes, Florida has set limitations on the collection of debts. It can be five years for a written agreement.

What is the statute of limitation on collection of a debt in state of Florida?

They have up to five years in Florida. The clock starts when the last debt acknowledgement occurs.

What is statute of limitations on debt collection for the state of Florida?

The time frame on debt collection is 5 years in Florida. Oral contracts and credit cards are going to be limited to 4 years. The time usually starts from the point of last payment or acknowledgment of the debt.

Collection agency laws?

if a collection agency has not bought out my debt from the original company can the collection agency look up my credit report?

Is it legal for a creditor or debt collection agency to access a bank account for debt collection?

To access to bank account as such, no. But if the debtor agrees to have ACH for payments, then the creditor or collection agencies can withdraw funds, or depending on the state laws a Judge can authorize to garnish wages from the bank. Find laws that apply to the debt in the resources box

What department must Oregon debt collection employees register with?

In Oregon, a debt collectors must register with the Department of Consumer and Business Services. They must also follow all fair debt collection laws.

What is the legal limit of collection fees that can be added to your balance by a collection agency?

That would be determined by the usury laws in the state in which the debtor resides or in some instances the state where the debt was made or UCC laws depending upon the type of debt that in question.

Can a business garnish another business for debt?

A business can't garnish over another business, but if they hire a commercial collection agency to collect the debt, even then the agency can't garnish. When a business debt collection service goes to Court, the commercial debt collection agency can arrange a settlement to "force" the Court to garnish over the debtor. Collection Laws varies in every state

What should one know before buing a debt?

Before buying a debt, you should know the risks involved and collection laws regarding collecting the debt. Usually private collection companies buy debt for pennies on the dollar in hopes of making a profit if they manage to collect.

When was The Debt Collection created?

The Debt Collection was created in 2005.

Florida statue of limits on collecting a debt?

The time frame on debt collection is 5 years in Florida. Oral contracts and credit cards are going to be limited to 4 years. The time usually starts from the point of last payment or acknowledgment of the debt.

Florida statute of limitations on unpaid debt?

The time frame on debt collection is 5 years in Florida. Oral contracts and credit cards are going to be limited to 4 years. The time usually starts from the point of last payment or acknowledgment of the debt.

When a credit card account has been charged off can the collection agency charge you additional fees and interest?

It would depend on the state laws that are apply to collection agencies and collection procedures. In many states they can add fees incurred for the collection of a debt and interest on the amount of the debt itself.

Is there any way to block debt collection predictive dialer calls?

If you answer the phone when a debt collector calls, you can tell them not to call you back. That is part of Fair Debt Collection laws that were passed in a few years ago. They can still contact you through the mail, but wont

What is a good debt collection service in Toronto?

There are several acclaimed debt collection service companies in Toronto, Canada. These companies include but are not limited to the Global Collection Consultants Debt Collection Services and the Ontario - Toronto Canada Debt Collection Agency Services.

Can a debt be passed from one debt collection agency to another?

Yes - absolutely a debt can be passed from one debt collection agency to another.

Can a debt collect call your employer and speak to your supervisor about the debt?

The laws a debt collection very from place to place. They are not supposed to call your employer. And they should not be discussing your financial situation with them. Unless you get a garnishment, they should not be doing that. You should read the laws for your state and find out what the rules are.

Law and debt collection?

Laws are based on specific state and associations regulate debt collectors like; ACA international, CLLA, etc. Debtors are bound by different laws depending on the state. Look at the resource box

What purpose does the International Debt Collection serve?

The International Debt Collection Agency is a debt collection agency designed to collect debts from debtors that have not paid for goods supplied or services rendered. Debt collection agencies are designed for debt recovery, and speak on behalf of the company to which the debt is owed to work out a settlement between the debtor and the creditor.

Where can one find information on business debt collection?

One can find information on business debt collection in online articles and guides on business debt collection. In addition, one can find more information on business debt collection through one's peers.

Is Georgia a non recourse debt state?

"Is Georgia a non recourse debt state?" Since Florida is not a recourse state, and Florida adopted its laws from Georgia, Georgia must not be a recourse state.

What is the statute of limitations for debt collection in Michigan?

There is no statute of limitations for debt collection in Michigan. You can continue to collect as long as the debt is owed. The debt can be sold as well.

Once a debt is given to a collection agency can you get the creditor to take it out of the creditor's hands?

Once a debt has been sold to a collection agency, that agency owns the debt. Now it would be between you and the collection agency to settle the debt; the creditor has washed his hands of the matter. If you think the debt collection agency isn't working within its legal limits and is harrassing you, check out the Fair Debt Collection Act, which outlines was a collection agency can and cannot do.

Can a collection agency come after you after 22 years?

The answer to your question would depend upon your state's laws and the type of debt. Certain types of debt have no statute of limitations. These debts include: student loans, tax liens, and child support obligations. You will need to research your state's laws to see if collection is allowed on your particular debt, and if not, what remedies and rights you have under the law.