#1
According to the Fair Debt Collection Practices Act, within how many days must a debt collector send the debtor a written notice with information about the debt?
5 days
10 days
15 days
30 days
#2
Under the Fair Debt Collection Practices Act, what is the consequence if a debtor sends a written request to the debt collector within 30 days of receiving the initial notice, disputing the debt or requesting verification?
The debt collector must provide the requested verification
The debt collector must stop all communication
The debt collector can file a lawsuit immediately
The debtor is automatically deemed in default
#3
According to the Fair Debt Collection Practices Act, what is considered an 'unfair practice' by a debt collector?
Communicating with the debtor during reasonable hours
Suing the debtor to recover the debt
Collecting interest on the debt
Using deceptive or misleading practices
#4
Under the Fair Debt Collection Practices Act, what is the consequence if a debtor disputes the debt within 30 days of receiving a validation notice?
The debt is automatically forgiven
The debt collector must provide verification of the debt
The debtor must pay the debt immediately
The debtor must ignore the dispute
#5
What is the significance of the term 'validation period' in the Fair Debt Collection Practices Act?
The time within which a debtor must pay the debt
The time within which a debt collector must validate a debt upon request
The time within which a debt collector must initiate legal action
The time within which a debtor must dispute the debt
#6
Which federal law governs fair debt collection practices in the United States?
Consumer Protection Act
Fair Credit Reporting Act
Fair Debt Collection Practices Act
Federal Trade Commission Act
#7
What is the maximum amount of debt collectors can request in a written communication without disclosing the validation of the debt?
#8
What is the purpose of the 'mini-Miranda' warning under the Fair Debt Collection Practices Act?
To inform debtors about their right to dispute a debt
To inform debtors about the debt collection process
To inform debtors about potential legal action
To inform debtors about debt settlement options
#9
Under the Fair Debt Collection Practices Act, when can a debt collector communicate with the debtor's attorney instead of the debtor?
Only if the debtor consents to it
At any time
Only during business hours
Only after legal action is initiated
#10
Under the Fair Debt Collection Practices Act, what is the purpose of the 'dispute provision'?
To allow debt collectors to dispute debts with the debtor
To give debtors the right to dispute the validity of a debt
To resolve disputes between debt collectors and creditors
To dispute the amount owed in court
#11
Under the Fair Debt Collection Practices Act, which of the following practices is prohibited?
Contacting debtors at reasonable times
Threatening legal action that is not intended or cannot be taken
Disclosing the debt to the debtor's employer
Requesting payment before the validation of the debt
#12
What is the purpose of the 'debt validation' process under the Fair Debt Collection Practices Act?
To verify the debtor's income
To confirm the debt collector's identity
To dispute the validity of the debt
To negotiate a settlement
#13
What does 'Cease and Desist' mean in the context of debt collection?
The debtor agrees to repay the debt immediately
The debtor refuses to communicate with the debt collector
The debtor demands proof of the debt's validity
The debtor requests a payment plan
#14
In the Fair Debt Collection Practices Act, what is considered a 'false representation' by a debt collector?
Disclosing the amount owed
Misrepresenting the character, amount, or legal status of a debt
Providing accurate information about interest rates
Advising on debt management strategies
#15
In the Fair Debt Collection Practices Act, what is the 'time-barred debt' concept?
Debts that can only be collected during specific hours of the day
Debts that are past the statute of limitations for legal action
Debts that are not legally valid
Debts that are related to time-sensitive transactions