Debt collection laws in Georgia are primarily governed by both federal and state regulations. Here’s what you should know: For more information please visit Georgia Debt Attorney

Federal Laws

  1. Fair Debt Collection Practices Act (FDCPA): This federal law regulates the behavior of debt collectors. Key points include:
    • Debt collectors cannot engage in harassing behavior.
    • They must identify themselves and provide specific information about the debt.
    • Consumers have the right to dispute debts and request validation.

Georgia State Laws

  1. Georgia Fair Business Practices Act (FBPA): This law prohibits unfair or deceptive acts in debt collection.
  2. Debt Collection License: In Georgia, debt collectors must be licensed. This ensures that they adhere to legal standards.
  3. Statute of Limitations: The time limit to sue for unpaid debts in Georgia is typically 6 years for most types of debts. After this period, creditors cannot sue you to collect the debt, but they may still attempt to collect it.
  4. Wage Garnishment: Creditors can garnish wages in Georgia, but they must obtain a court order first. The maximum amount that can be garnished is 25% of disposable earnings.
  5. Exemptions: Certain income sources are exempt from garnishment, including Social Security benefits, unemployment benefits, and certain pensions.
  6. Right to Dispute: Consumers in Georgia have the right to dispute a debt and request validation from the debt collector. If a dispute is made, the collector must stop collection efforts until they provide proof of the debt.

Consumer Rights

  • Communication Restrictions: You can request that debt collectors cease communication with you. Once a written request is made, they must comply.
  • Debt Validation: If you believe a debt is not yours or the amount is incorrect, you can request validation, which the collector must provide within 30 days.
  • Reporting to Credit Bureaus: Debt collectors can report debts to credit bureaus, but inaccurate reporting can be disputed.

Tips for Consumers

  1. Keep Records: Document all communications with debt collectors, including dates, times, and what was discussed.
  2. Know Your Rights: Familiarize yourself with both federal and state laws to understand your rights fully.
  3. Consult an Attorney: If you feel your rights have been violated or if you’re facing aggressive debt collection practices, consulting a consumer rights attorney can be beneficial.

Conclusion

Understanding debt collection laws in Georgia is crucial for managing debt and protecting your rights as a consumer. Always stay informed and proactive in addressing any issues related to debt collection.