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FDCPA Test Prep 2024|Completed | Questions and Correct Answers (Verified Answers) | A Grade
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FDCPA Test Prep 2024|Completed | Questions and Correct Answers (Verified Answers) | A Grade
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FDCPA Test Prep 2024|Completed |Questions and Correct Answers (Verified
Answers) | A Grade
A debtor asks for validation of the debt, what needs to be provided: a The itemized billing
statement b) The itemized billing statement and any other documents requested by the
debtor if the debt is older than 1 year. c) The itemized billing statement and all notes entered
by the debt collection agency. d) Nothing, the debtor should remember the debt. - ✔✔a The
itemized billing statement
Under the FDCPA, what is the standard in analyzing claims brought by debtors against
debt collectors? a) Reasonable consumer b) Competent consumer ) Average consumer
d)Least-sophisticated consumer - ✔✔d)Least-sophisticated consumer
If you are advised to cease and desist from collection activity by the consumer or her attorney,
you are permitted at least one phone call and/or letter to pursue collection of the account. a)
TRUE FALSE - ✔✔FALSE
It is permissible to tell the debtor that her wages will be garnished as a result of your
collection efforts. a) TRUE OFALSE - ✔✔OFALSE
, Under the FDCPA, the creditor may be held liable for actions of the debt collector to whom the
creditor turned delinquent accounts. TRUE FALSE - ✔✔TRUE
Under the FDCPA, an individual debt collector may be held liable for violations along with
the debt collection agency. a) TRUE b) FALSE - ✔✔a) TRUE
If a debtor is on a fixed income, a debt collection agency may not pursue collection of that
debtor's account(s). a) TRUE by FALSE - ✔✔by FALSE
If an account is beyond the statute of limitations ("time-barred debt"), a debt collector
may collect it just as with any other account. a) TRUE O FALSE - ✔✔FALSE
If an account is time-barred and a debtor still wants to pay the account, a debt collector cannot
accept the payment. a) TRUE b) FALSE - ✔✔b) FALSE
If a debtor brings a lawsuit under the FDCPA against a debt collector or debt collection
agency, a debtor can recover: a) $1,000.00 in statutory damages b) Attorney's fees and court
costs c) Actual damages dy All the above - ✔✔dy All the above
It is permissible to advise a debtor that the debt owed to a government agency could result
in big trouble with the police if the debt is not paid. a) TRUE 6) FALSE - ✔✔6) FALSE
What is the Mini-Miranda? a) A disclosure optional in debt collection conversations A disclosure
required at the start of a conversation with a debtor informing the debtor that the call is from a
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