Asked by
Froilan Inciong
on Oct 23, 2024
Verified
Which of the following governs the methods that can be used to collect unpaid debts?
A) Truth in Lending Act
B) Fair Debt Collection Practices Act
C) Fair Credit Reporting Act
D) Telephone Consumer Protection Act
E) Equal Credit Opportunity Act
Unpaid Debts
Financial obligations that have not been settled or paid by the due date.
Collection Practices
Procedures and methods used by businesses to recover debts from customers.
Fair Debt Collection Practices Act
A U.S. federal law that aims to protect consumers from abusive, deceptive, and unfair debt collection practices.
- Understand the regulatory aspects of financial interactions in healthcare environments, focusing on rules governing billing and the entitlements of patients.
Verified Answer
WW
Learning Objectives
- Understand the regulatory aspects of financial interactions in healthcare environments, focusing on rules governing billing and the entitlements of patients.
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