Truth in Lending Act (TILA): Federal law that requires clear disclosure of lending terms and costs to protect consumers in credit transactions
Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices, including restrictions on collection methods and requirements for collector behavior
Consumer Credit Protection Act: Federal law providing a comprehensive framework for consumer credit rights and protections
Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, or age
Fair Credit Reporting Act: Federal law regulating the collection, dissemination, and use of consumer credit information
State Usury Laws: State-specific regulations that set maximum interest rates and govern lending practices within the state
State Debt Collection Regulations: State-specific rules governing debt collection practices, often providing additional protections beyond federal law
State Contract Laws: State-specific regulations governing contract formation, enforcement, and interpretation
State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive business practices
Contract Formation Requirements: Basic elements required for valid contract formation: offer, acceptance, consideration, and capacity to contract
Statute of Frauds: Legal requirement that certain contracts must be in writing to be enforceable
Bankruptcy Code: Federal laws governing bankruptcy proceedings and their impact on debt restructuring agreements
Uniform Commercial Code (UCC): Standardized set of laws governing commercial transactions, including debt-related matters in commercial context
Statute of Limitations: Time limits for bringing legal action to collect debts, varying by state and type of debt
Notice Requirements: Legal requirements for providing proper notice and disclosures in repayment agreements
