Debunked! Four Compliance Myths and Misconceptions for Collections

Published on September 29, 2022 at 3:00 pm

Kelly Knepper-Stephens

General Counsel & Chief Compliance Officer , TrueAccord

Editor's Note: This article was originally published on TrueAccord's blog and has been republished here with permission. TrueAccord content—and all insideARM articles—are protected by copyright. All rights are reserved.

Trying to keep up with regulations in debt collection can feel overwhelming especially with new cases and federal guidance coming out regularly interpreting the law and states actively amending or creating new laws that impact debt collectors, original creditors, and current creditors.

Here are four common compliance myths and misconceptions for collections debunked (no detective work needed)!

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