Are Management Companies Debt Collectors?
A federal court in Indiana recently ruled that a management company is not a debt collector subject to the Federal Fair Debt Collection Practices Act (FDCPA or “the act”) if the owner is not delinquent when the management company is hired by the association. This court’s interpretation of the statute is persuasive, but not binding, in Washington courts because Indiana is in a different federal circuit. Read the article…………
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